ඕක investment එකක් Sinopec එකෙන් කරන. ආණ්ඩුව උන්ට සල්ලි දෙන්නේ නැහැ. Investment එක අඩු කරලා තියෙන්නේ. ඕක වත් දන්නේ නැතු උන්නේ මෝඩ ජෙප්පන්ට කඩේ යන්නේ
Govt. elated over US$3.7 billion Sinopec deal but fails to explain why it was downsized from the US$4.5 billion the previous Govt. had secured
What they failed to mention was the fact that Beijing had declared in 2023 that they had approved US$ 4.5 billion for a refinery in Hambantota. This is how the Reuters news agency reported the matter then:
“COLOMBO, Nov 27, 2023 (Reuters) – Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a crippling economic crisis last year.
“The cabinet approval cleared the state-owned refinery to finalise project details and sign an agreement with the government before it starts building the export-oriented refinery at Hambantota in the south of the country.
“Cabinet approval was granted today to award the contract to China Petroleum & Chemical Corporation (SINOPEC) of China,” Minister Kanchana Wijesekera wrote on social media platform X.”
“China is Sri Lanka’s biggest bilateral lender, and its companies have built highways, sea and airports and other infrastructure projects on the island off India’s southern coast.
“For Sinopec, the world’s top refiner by capacity and one of the largest petrochemicals producers, the investment would mark a breakthrough in a long effort to expand beyond China’s borders. The company also owns refinery assets in Saudi Arabia and petrochemicals production in Russia.”
The question that begs answer with the latest development is the substantial shortfall in Chinese assistance. It has also not been explained by Beijing. If the latest commitment to Sri Lanka, described as the biggest investment, is US$ 3.7 billion, what was given earlier, as evident under President Ranil Wickremesinghe’s administration, is US$ 4.5 billion. Noticeably, there is a US$ 800 million shortfall. There has been no explanation from the Chinese government on how this came about. Not even the single Sri Lankan government official tasked to report on President Dissanayake’s visit to all media in Sri Lanka, perhaps due to inexperience, has been able to explain. His main reportage, other than forwarding photographs to Colombo, has been only a set of SMS.
- https://www.sundaytimes.lk/250119/c...cked-by-money-for-mp-post-scandal-585148.html
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