China-backed Port City in Colombo belongs to govt: Sri Lankan Minister
Colombo, Sri Lanka: Sri Lanka Minister of Justice Ali Sabry has said the government owns 100 per cent of the land and the project has been initiated to bring investment in the special financial zone. Amid the controversy of China backed post City of Colombo.Addressing a media briefing on Sunday, Minister Sabry said the total area of the investment zone is 269 hectares and 91 hectares for public facilities and cannot be given to the project company, The Colombo Page reported. Out of the remaining land of the financial zone, 116 hectares or 43 per cent will be given to the project company which initiated the project in 2013 and spent USD 1.4 billion to develop the Port City."But all 100 per cent of the land is owned by the government. It is completely false to say that land was given to som...









