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China unperturbed by Colombo Port City project suspension

portcityCOLOMBO: The Chinese Government today played down the decision taken by Sri Lanka to suspend the Colombo Port City project.

Chinese Foreign Ministry Spokesperson Hua Chunying said that the review on the project conducted by the Sri Lankan side, which is not exclusive to China’s cooperation projects in Sri Lanka, aims to create a better investment environment.

She recalled that when Foreign Minister Mangala Samaraweera paid a visit to China from February 27 to 28 at the invitation of Foreign Minister Wang Yi he had said that Sri Lanka welcomes Chinese companies’ investment and development in Sri Lanka.

Hua Chunying said the Sri Lankan side will keep in close contact with the Chinese side on the review result of China-related cooperation projects.

She said that China understands and respects the efforts made by the new Sri Lankan government to improve the investment environment, and believes that the Sri Lankan side will properly resolve relevant problems and preserve Chinese companies’ confidence to invest in Sri Lanka in the overall interests of China-Sri Lanka friendliness and the fundamental interests of Sri Lanka’s national development. – From Colombo Gazette

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