China finishes port project India rejected | World News - Hindustan Times
close_game
close_game

China finishes port project India rejected

Hindustan Times | BySutirtho Patranobis, Colombo
Aug 17, 2010 01:11 AM IST

As President Mahinda Rajapaksa turned the wheel on Sunday to release the first gush of seawater inside the Hambantota port, India might have rued a missed chance.

As President Mahinda Rajapaksa turned the wheel on Sunday to release the first gush of seawater inside the Hambantota port, India might have rued a missed chance. In 2002, when the port project was on the drawing board, India refused to take it up. Where New Delhi refused, Beijing stepped in to take over the $ 1.5 billion project.

HT Image
HT Image

By November, the first ship is expected to berth at the port, ushering in what many in Sri Lanka think the country’s economic resurgence after years of civil conflict. Rajapaksa has repeatedly said that the port was commercial in nature and part of the other big projects China is helping Sri Lanka to build including an airport near the new seaport.

Hindustan Times - your fastest source for breaking news! Read now.

The port though has India worried about the strategic advantage it could give China as part of a other ports it is building in Pakistan and Myanmar.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away! - Login Now! Get Latest World News along with Latest News from India at Hindustan Times.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, February 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On