January 13, 2017

"A Chinese megaproject in Sri Lanka has encountered violent resistance from angry local residents who fear forced eviction from their land. This popular resistance puts at risk almost $5 billion in investment that the Chinese government estimates will be attracted to the planned industrial zone over the next 5 years.

Last July Sri Lanka’s Minister of Development Strategies and International Trade announced that China had requested 15,000 acres of land to establish a special economic zone (SEZ) next to the Chinese-financed and -constructed Hambantota Port. Proponents of the SEZ estimate it to be capable of generating up to one million jobs."

Read more:

http://www.ippreview.com/index.php/Home/Blog/single/id/328.html 

NISCSS does not necessarily share in or endorse the opinions of off-site commentators.