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Sri Lanka and China agree to fast-track a $3.7B refinery project, part of $10B in new investments.
Sri Lanka and China have agreed to expedite a $3.7 billion Sinopec refinery project in Hambantota, aiming to resolve land, tax, and water issues within a month.
This move, part of broader Belt and Road cooperation, comes after Sri Lanka's president secured $10 billion in investments during a recent visit to China.
The investments cover energy, auto-making, and construction, among other sectors, and include advancing key infrastructure projects like the Colombo Port City.
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Sri Lanka y China están de acuerdo en acelerar un proyecto de refinería de $3.7B, parte de $10B en nuevas inversiones.