Subscribe free to our newsletters via your
. 24/7 Space News .




Subscribe free to our newsletters via your




















SUPERPOWERS
Hundreds protest as Sri Lanka launches Chinese industrial zone
by Staff Writers
Colombo (AFP) Jan 7, 2017


Sri Lanka police fired teargas to disperse hundreds of people protesting the launch Saturday of a special industrial zone in the island's south that hopes to attract billions of dollars in Chinese investment.

Protesters pelted government supporters with stones and police retaliated with teargas and water cannon at the launch, which was also attended by the prime minister and the Chinese ambassador, a police official told AFP.

Authorities said about 25 people were hurt in the skirmishes, including 12 police.

Prime Minister Ranil Wickremesinghe and ambassador Yi Xianliang said the zone in Hambantota, 240 kilometres (150 miles) south of Colombo, will generate thousands of jobs and bring in about $5 billion in Chinese investment.

But residents are afraid they will loose their land to the project, which is situated adjacent to a loss-making $1.4 billion harbour that Colombo hopes to turn into a joint venture with a Chinese company.

The port has already proved controversial in itself with hundreds of temporary dock workers going on strike in December demanding that they be absorbed into the main port-owning company ahead of any sale to the Chinese.

The government denies residents will lose any land to the new industrial zone, saying 95 percent of the area allocated for the project is state-owned and the remainder will be bought from private owners. They say there will be no forced acquisitions.

"In the next two to five years, if everything is OK, there will be about $5 billion of (Chinese) investments in this zone," ambassador Yi said at the launch, adding that 100,000 jobs could be created.

Prime Minister Wickremesinghe said creating the special area for Chinese investors was aimed at making the debt-burdened Hambantota port viable.

"The Hambantota port was going to sink us (Sri Lanka), but we are now trying to leverage it to create new economic activity and boost growth," Wickremesinghe said.

The government, which came to power in 2015, has been trying to renegotiate the terms of its $8-billion Chinese debt, which includes the construction costs of the Hambantota port as well as a nearby international airport which is used by only one airline.

The former administration relied heavily on China to build ports, highways and railways as Western nations shunned it over its dismal human rights record.


Comment on this article using your Disqus, Facebook, Google or Twitter login.

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
SUPERPOWERS
NATO and Russia in game of cat and mouse in Baltic skies
Siauliai, Lithuania (AFP) Jan 6, 2017
French jets have been engaged in a game of cat and mouse with Russian fighters in the skies above the Baltic states, as NATO keeps a close eye on Russia's ambitions. Four French Mirage jets this week completed a four-month tour of duty in Lithuania - and their crews were busy, engaging with Russian planes on 23 occasions. "We use the term 'intercept' but it is better to say 'identify' a ... read more


SUPERPOWERS
Emerging tech aims to improve life for handicapped

Hubble provides interstellar road map for Voyagers' galactic trek

NASA Assigns Upcoming Space Station Crew Members

Tech outlook dampened by political uncertainty

SUPERPOWERS
China's carrier rocket puts 3 satellites in space in first commercial mission

GMV invests in PLD Space

Arianespace to launch JCSAT-17 for SKY Perfect JSAT

Arianespace looks to the future with confidence

SUPERPOWERS
Hues in a Crater Slope

3-D images reveal features of Martian polar ice caps

Odyssey recovering from precautionary pause in activity

Small Troughs Growing on Mars May Become 'Spiders'

SUPERPOWERS
China Space Plan to Develop "Strength and Size"

Beijing's space program soars in 2016

China Plans to Launch 1st Mars Probe by 2020 - State Council Information Office

China to expand int'l cooperation on space sciences

SUPERPOWERS
OneWeb announces key funding from SoftBank Group and other investors

Airbus DS and Energia eye new medium-class satellite platform

Space as a Driver for Socio-Economic Sustainable Development

SoftBank delivers first $1 bn of Trump pledge, to space firm

SUPERPOWERS
Artisan 3D radar completes sea trials

Airbus supplying multi-mode radar for Coast Guard cutter

Patent Awarded to Design and 3D Print Rocket Fuel

Southwestern alumna becomes orbital debris scientist at NASA

SUPERPOWERS
Hubble detects 'exocomets' taking the plunge into a young star

Between a rock and a hard place: can garnet planets be habitable

The blob can learn and teach

Searching a sea of 'noise' to find exoplanets - using only data as a guide

SUPERPOWERS
Flying observatory makes observations of Jupiter previously only possible from space

York U research identifies icy ridges on Pluto

Exploring Pluto and the Wild Back Yonder

Juno Captures Jupiter 'Pearl'




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement