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Sri Lanka, China Agree to Fast-Track Sinopec’s $3.7 Billion Refinery in Hambantota

2025-01-22 14:27

Sri Lankan President Anura Kumara Dissanayake with Chinese President Xi Jinping

Wedoany.com Report-Jan 22, Sri Lanka's foreign minister said on Wednesday that the island nation has signed an agreement with China to fast-track Sinopec's proposed $3.7 billion refinery in Hambantota.

China's Sinopec and Sri Lanka will work to resolve land, tax and water issues within a month, Foreign Minister Vijitha Herath told reporters.

 

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