China Merchants Group and Sri Lanka Government Sign a Bilateral Framework Agreement

At the invitation of Chinese President Xi Jinping, President of Sri Lanka Mahinda Rajapaksae arrived in Beijing on 28 May, marking the beginning of his four-day state visit to China.

Chinese President Xi Jinping and Sri Lankan President Rajapaksa attended the signing ceremony of a number of cooperative documents between two countries in the Great Hall of the People after held bilateral talks.

During the signing ceremony, on behalf of both sides, Mr. Li Jianong, President of China Merchants Group and Mr. Pemasiri, Standing Secretary of Sri Lankan Port and Highway inked Sri Lankan North Expressway and Port Logistics Framework Agreement with the presence of Mr. Hu Jianhua, Assistant President of China Merchants Group.

Prior to the signing ceremony, Mr. Luo Huilai, General Manager of China Merchants Huajian Highway Investment Co., Ltd. (¡°CMHHI¡±), Mr. Liu Yunhu, Overseas Operation Officer of CMHI and CEO of Colombo International Container Terminals, Mr.Jiang Yanfei and Mr.Wu Xinhua, Deputy General Manager of CMHHI met with Mr. Jayasundara, Standing Secretary of Sri Lankan Ministry of Finance and Planning, and Mr. Pemasiri and discussed the cooperation between both sides. During the meeting, Mr. Luo Huiai introduced the current status and main investment projects of CMHHI, the leading highway investment operator in China to the guests. Sri Lankan guests fully acknowledged the capability of CMHHI and warmly welcomed CMHHI to invest and operate expressways in Sri Lanka. Meantime, they expressed their satisfaction for the development of Colombo International Container Terminals which is invested and constructed by CMG.

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