80%25+stake+of+Hambantota+Port+to+China
Thursday, 20 October 2016 - 12:16
80% stake of Hambantota Port to China
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Finance Minister Ravi Karunanayake says that the government is ready to transfer 80% ownership of the Hambantota Port to China as the country cannot repay the huge debt that was borrowed for the construction of the port.

The Finance Minister stated this during a media conference held at the UNP headquarters this morning.

The media briefing was held few hours before the Appropriation Bill was presented in parliament.

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