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Wednesday, August 13, 2008 - 6.25 GMT |
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China accelerates projects in Sri Lanka |
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Li Ruogu, President of EXIM Bank of China
assured completion of Bank assisted projects
in Sri Lanka on time, when he met President
Rajapaksa, during his visit to attend the
opening ceremony of the Beijing Olympics.
The President thanked Li Ruogu for speedy
arrangement of funding for the Hambantota
Port Project and discussed further
assistance from the bank for the next phase
of funding for the Puttalam Coal Power
Project, the Colombo-Katunayake Expressway
and also the Hambantota Bunkering project.
Li assured expeditious processing of funding
facilities for these projects and also
expressed his desire to visit Sri Lanka on
due completion of the projects.
President Rajapaksa later in the day, met
with the Chief Executive Officers of a few
leading construction companies that have
undertaken development projects in Sri
Lanka. They included Chen Fenjian, the
President of the China Harbour Engineering
Company, Xie Biao, President of the China
National Machinery Equipment Import & Export
Corporation, Tang Bo, CEO of the Yangjian
Corporation and Shen Heting of the China
Metallurgical Group Corporation.
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