China’s $1.4 Billion Port City in Sri Lanka Gets the Green Light

Thediplomat, Mar 12,’16

A Chinese mega-project in Sri Lanka is set to recommence, after the Sri Lankan government announced that its concerns regarding the project “have been resolved.” Xinhua reports that Sri Lankan Minister of International Trade Malik Samarawickrema gave the green light for the $1.4 billion project to construct “Port City” near the Colombo Harbor. He promised that the government would officially inform the Chinese company involved (China Communication Construction Company Limited) next week.


Masdar to Invest in Morocco’s Green Energy

Masdar, the Abu Dhabi-based sustainable energy company, plans to invest in renewable energy projects in Morocco. The company is exploring investment opportunities in Morocco, Egypt, and Jordan.