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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 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 Chinese state-run oil giant.
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’.
Hambantota again? Is Sri Lanka getting into the same China trap?
In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an oil refinery in Hambantota. The deal comes after Sri Lanka scrapped the deal with an Indian company for the same refinery.
China offers to invest USD 3.7 bn in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investments
China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island nation, to build a state-of-the-art oil refinery as the two countries signed a new plan to upgrade BRI cooperation during Sri Lankan President Anura Kumara Dissanayake's state visit here.
The Sunday Times
40m
Milestone deal and BRI ties mark President’s China visit success
President Anura Kumara Dissanayake wound up his four-day state visit to China and returned on Friday night having secured several agreements, including a US$ 3.7 billion deal with China’s state oil ...
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.
Nikkei Asia
1d
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 ...
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 ...
2d
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 ...
Channel NewsAsia Singapore
2d
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 ...
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