Mar 07, Colombo: The Chinese company, constructing a port city at a cost of US$ 1.5 billion on a land to be reclaimed in the Sri Lankan capital of Colombo, has confirmed that it has suspended the work on the project on the Sri Lankan government's orders.
China Communications Construction Company Ltd. (CCCC) has confirmed receiving government orders temporarily suspending work on the site and said it will continue to comply with the laws of the country.
"CHEC Port City Colombo Private Limited, a company which is fully owned by CCCC, has received official communication from the Secretary to the Minister of Ports, Shipping & Aviation, communicating a decision taken by the Cabinet Ministers, directing the suspension of the ongoing work for the Port City Project, with immediate effect," Press Trust of India quoting a CCCC statement said.
Construction of the port city was carried out by China Harbour Engineering Company under an MOU signed by Sri Lanka Ports Authority with CCCC to build an offshore city on 233 hectares (583 acres) of land reclaimed from the sea between the Colombo South Port and the Galle Face Green.
The project was launched during the visit of Chinese President Xi Jinping to Sri Lanka in September 2014.Reuters
Last edited by Teller on Mon Mar 09, 2015 12:15 am; edited 1 time in total (Reason for editing : typing error)