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China's new deal with Sri Lanka
Sri Lanka, Sinopec sign agreement for USD 3.7 bln investment in oil refinery
Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3
Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant
Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. "During President Anura Kumara Dissanayake’s four-day state visit to China,
China and Sri Lanka eye new phase of BRI with $3.7bn investment
Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 barrels, Dissanayake's office announced Thursday.
During Dissanayake's Beijing Trip, Sri Lanka Bags $3.7bn Investment From Refiner Sinopec
Sri Lanka and China did not mention the end of the former's moratorium on visits by foreign research vessels but indicated commitment to ‘maritime cooperation’.
China offers to invest $3.7 billion in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investments
Dissanayake incidentally was a critic of the Hambantota port deal for its long-term lease while he was in the opposition.It was seen as a balancing act as last year India and Sri Lanka inked a deal to jointly develop 85 Word War II-era oil storage tanks at the strategic Trincomalee port in the eastern region of the country.
China offers $3.7 bn for SL's refinery as Dissanayake seeks more investment
China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island nation, to build a state-of-the-art oil refinery as the two countries signed a new plan to upgrade BRI cooperation during Sri Lankan President Anura Kumara Dissanayake's state visit here.
Sri Lanka signs landmark US$3.7 billion deal with Chinese state oil giant
BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday (Jan 16). Sinopec has agreed to invest US$3.
Live Mint on MSN
6h
China Inks $3.7 Billion Oil Deal With Sri Lanka | Becomes Biggest Bilateral Lender | China Debt Trap
Sri Lanka and China have taken yet another major step towards economic cooperation. In a landmark deal, Sri Lanka has secured a record-breaking $3.7 billion foreign direct investment with Sinopec, a ...
devdiscourse
1d
Strategic Strengthening: Sri Lanka and China's Diplomatic Milestone
Sri Lankan President Anura Kumara Dissanayake's recent visit to China has bolstered strategic ties between the two nations.
Daily News
2d
Sri Lanka Secures $3.7 Billion FDI During President’s Visit to China
During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by ...
1d
Hambantota again? Is Sri Lanka getting into the same China trap?
In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...
1d
Dissanayake secures $3.7 bn Chinese FDI for oil refinery
Sri Lanka has secured “one of its largest FDIs”, President Anura Kumara Dissanayake announced after signing a $3.7 ...
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