China pulls out of Sri Lanka port logistics venture

route change expired 94% Shipping

A Chinese state-owned company has withdrawn from a $392 million joint venture to develop a logistics hub at Colombo Port, Sri Lanka. The departure raises questions about the project’s financing and development plans.

🌐 Location: Colombo Port — Sources: 8 — First seen: — Last seen:
Colombo Port Sri Lanka China logistics hub joint venture

Linked Entities

Sri Lanka

location involved 🌐

China

location involved 🇺🇸

Colombo Port

location involved

China Merchants

organization involved

Hambantota International Port

organization involved

Hambantota

location involved 🌐

Sri Lanka Ports Authority

organization involved

Port of Colombo

location involved

China Merchants Port Holdings

organization involved

United States

location involved 🌐

Port Community System

organization involved

Eric Stern Meyer

person involved

Maritime Single Window

organization involved

Hambantota International Port Group

organization involved

Suez Canal

location involved

Red Sea

location involved

Contributing Articles