header logo
Asia asset finance
Mogo Academy
Latest
Rajitha says Mattala to India and Hambantota to China is a balancing act
Jul 25, 201804:33 PM
Rajitha says Mattala to India and Hambantota to China is a balancing act

Minister Rajitha Senaratne, informing on the Cabinet decisions today (25), stated that the President is firmly convinced that the death penalty should be imposed, despite whatever obstacle come its way.

 

When inquired whether the Sri Lanka would lose the GSP facility if the death penalty is imposed, the president had firmly stated that death penalty will be imposed no matter what facility will be lost, according to Minister Senaratne.

 

Senaratne further said that firm action will be taken against the prison officials who support the drug trafficking as well.

 

Responding to questions of media personnel, Minister stated that no decision has been arrived upon regarding the controversial removal of the Galle International Cricket Stadium. 

 

The special high court for trying high-profile financial fraud and corruption cases is already established and the building of the special high court is currently being repaired, said the Minister.

 

Minister Senaratne stated that the reason as to why the Mattala Airport is being given to India, while the Hambantota port is given to China, is to balance out a possible diplomatic conflict.

 

He also said that, while the decision to build the Hambantota port and the Mattala Airport was a correct one, the problem lies within the fact that they were built without a proper plan.

 

Had they also started to supply fuel for ships when the port was first started, Hambantota port would have become the busiest port in the country by today, says Senaratne.

 

If Hambantota supplied fuel, while the income will go to China, the foreign exchange will go to Sri Lanka, he pointed out.

 

HE further says that, Rs 26,500 million had been used to built the Mattala Airport and Mattala would receive flights had a free trade zone was also built parallel to it.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Lassana Flora