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Sri Lanka president: Chinese investment aids Sri Lankan post-war reconstruction

09-14-2013 13:27 BJT Special Report: People Gallary |

Sri Lanka and China have a friendship that goes back a long way. And in recent years, China has been increasing infrastructure construction in Sri Lanka’s postwar reconstruction. In an exclusive interview with CCTV, Sri Lankan President Mahinda Rajapaksa explains how much Chinese investment means to his country.

President Mahinda Rajapaksa paid an official visit to China in May. The two countries upgraded relations to a strategic cooperative partnership.

He said, "Bilateral relations have extended to educational, social, cultural and all kinds of aspects. Thus a high level of strategic cooperative partnership has been formed."

In 2009, Sri Lanka declared victory in the civil war with the Tamil Tigers. 26 years of conflict had caused extensive damage, especially to infrastructure. Chinese investment there mainly focused on railway, power plant and port construction.

In an exclusive interview with CCTV, Sri Lankan President Mahinda Rajapaksa
explains how much Chinese investment means to his country.

He said, "What I want especially to say is about Sri Lanka’s infrastructure construction. For the port construction, we want a free port. As for the tourism, we need a lot of Chinese investment. And we are satisfied with the investment from China so far."

Sri Lanka’s economy has grown at a steady 7 to 8 percent year on year. Despite a good education index and regular presidential elections every 6 years, Sri Lanka has consistently drawn criticism from western countries, mostly for governmental power concentration and inhumane measures taken during the war.

He said, "The development of a country requires a stable government. A stable government is a powerful support to a country. A powerful government with full support by the people is the most important factor for us to push forward. It’s easy for the western countries to talk, to criticise. I’m sorry to say that the western countries criticize us without having a clear understanding."

In an exclusive interview with CCTV, Sri Lankan President Mahinda Rajapaksa
explains how much Chinese investment means to his country.

In May 2013, China and Sri Lanka signed agreements on a 3-stage economic cooperation plan. Chinese Ambassador to Sri Lanka Wu Jianghao says this will boost economic and trade cooperation.

Wu Jianghao, Chinese Ambassador to Sri Lanka, said, "In the first stage, we should support Sri Lanka’s infrastructure construction. In the second stage, we can support the pillar industries in the national economy. In the third stage, we can help Sri Lanka advance towards the world. For now, we are still at the first stage."


Editor:James |Source:

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