Economics

China Faces New Competition as Japan, India Eye Sri Lanka Port

  • Deal is to develop a container terminal at Colombo’s busy port
  • The countries will seek private investment, official says
The site of Colombo Port City in Colombo, Sri Lanka.Photographer: Atul Loke/Bloomberg
Lock
This article is for subscribers only.

Join us on WhatsApp for special coverage of India’s election. Sign up here.

India, Japan and Sri Lanka are weighing the development of a terminal at the bustling port of Colombo in a country that’s seen ongoing political controversies related to investments from China’s Belt and Road initiative.