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China Machinery Agrees to $229.5 Million Sri Lanka Water Project

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May 16 (Bloomberg) -- China Machinery Engineering Corp., a Beijing-based builder, signed a $229.5 million contract for a water-supply project north of the Sri Lanka capital of Colombo, the company said today in a Hong Kong exchange filing.

The Gampaha, Attanagalla and Minuwangoda project with the National Water Supply & Drainage Board of Sri Lanka will take about 36 months to construct, China Machinery said in the filing.

Link to Company News:{1829 HK <Equity> CN <GO>}

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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