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Message: <blockquote data-quote="saraprobe" data-source="post: 904210" data-attributes="member: 13914">The Hambantota Harbour agreement is inkedSri Lanka and China have signed an agreement related to the construction of the Hambantota Harbour.Finance Secretary Dr. P.B. Jayasundera and President of Exim Bank of China Lee Rogu signed the agreement. The signing took place at Temple Trees in the presence of President Rajapakse. It was the President who submitted a memorandum to the cabinet to obtain the loan from the Chinese Bank. The Chinese government will be providing 30.7 billion rupees. There are 430 families in the area where the Hambantota harbour is to be located. They had dedicated their houses and lands for this project, which is of national importance. They were compensated in August this year and government took action to relocate them in suitable areas. An oil tank complex will also come up in the location. Ministers Douglas Devananda, W.D.J. Seneviratne, Pavithra Wanniaarachchi, Ranjith Siyambalapitiya, Mano Wijeratne and Jayatissa Ranaweera were among those present on this occasion. The President is due to visit the location to review progress of the work.The harbour will come up at Karagamlevaya in Hambantota. Three anchorages each 16 metres deep will be built in an area spanning 43 hectares. Part of the main Matara – Kataragama highway will also come under the project. The construction of the harbour will lead to acceleration of economic development in the area. It will be the local industrialists who will benefit by this project.More than 300 million US Dollars will be expended on the project. Financial assistance will come from the Chinese government. This is the result of the President’s tour of China. The related agreement was inked today. Deputy Chairman of the Ports Authority P.B. Wickremamunige said the government’s intention is to complete the work by the year 2010.<img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /> Watch the video<a href="http://wss.mp.advection.net/mp/itnondemand/20071030/news_02.wmv" target="_blank">http://wss.mp.advection.net/mp/itnondemand/20071030/news_02.wmv</a></blockquote>

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