President Gotabaya Rajapaksa said he was convinced that the China-funded
Hambantota port project would have vast potential for generating income and
creating jobs for the local people instead of being a “debt trap,” local media
quoting a statement from the President’s Office reported here Saturday Oct 10.
This large-scale project would help improve the living standards of
the local people: Sri Lankan President
The statement said
that Rajapaksa, in his meeting with visiting senior Chinese diplomat Yang
Jiechi in the capital Colombo on Friday, said that many geo-political analysis
have interpreted this project as a “debt trap” but he wanted to prove that it
was not the case, and that this large-scale project would help improve the
living standards of the local people.
contributed to a number of large-scale infrastructure development projects in
Sri Lanka, including the Hambantota port, Colombo Port City, and Southern
Expressway, said the president.
Building a port in Hambantota an idea of Sri Lanka and not of China
He noted that
building a port in Hambantota, which is located in the southern area of Sri
Lanka, was an idea of Sri Lanka and not of China.
expressed satisfaction over the current Sri Lanka-China relations, saying China
has been a long-standing friend.
The president, who
has visited China many times and witnessed China’s fast development, especially
in rural areas, said his target was to bring about the similar development to
Sri Lanka, especially in the rural areas, and improve living conditions of the
people in the South Asian country, especially that of the poor.
“I look forward to
seeing visible progress in the Port City project over the next four years,” the