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flag Sri Lanka and China agree to fast-track a $3.7B refinery project, part of $10B in new investments.

flag 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. flag 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. flag 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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