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Chinese Consortium Builds New Colombo Port Terminal

Sep 25, 2010 8:36:40 AM - yahoo.com
COLOMBO, Sri Lanka, Sept. 25 (AFP) – A consortium led by a state-run Chinese firm has been chosen to build a new $500 million container terminal in the Sri Lankan capital, a member of the group said. China Merchants Holdings (International) Co. will own 55% of the three-way venture, with Sri Lanka's Aitken Spence PLC holding 30% and state-run Sri Lanka Ports Authority owning 15%, Aitken Spence ...