Tuesday, 05 March 2024 09:23

Main investor in Port City upbeat on Sri Lanka keen to expand Featured

The Fortune Global 500 list member China Communications Construction Company Ltd., Chairman Wang Tongzhou and a delegation called on President Ranil Wickremesinghe this week.

CCCC through CHEC Port City Colombo Ltd., have invested $ 1.4 billion, on Port City Colombo. The CCCC Chairman informed the President CCCC will put in more resources to accelerate construction and development and enhance the global marketing and promotion efforts.

For the phase 2 infrastructure, in June the company plans to invest a total investment of approximately of $ 300 million.

The Chairman also requested President Wickremesinghe to provide CCCC with more opportunities in Sri Lanka’s transportation, urban development, energy, and water facilities. CCCC is ranked at 60 in The Fortune Global 500 list with $ 130.664 billion in revenue

 

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