Connect with us

News

SJB frowns on Chinese project at Colombo Port, seeks President’s observations

Published

on

By Shamindra Ferdinando

Top Samagi Jana Balawegaya (SJB) spokesperson Mujibur Rahman yesterday (18) alleged that the Wickremesinghe-Rajapaksa government was continuing with controversial projects launched by the previous Gatabaya Rajapaksa administration.

The former SJB lawmaker said so, referring to the high profile ‘investment of South Asia Logistic Centres in the port of Colombo’, a project initiated during Rohitha Abeygunawardena’s tenure as the Ports and Shipping Minister.

Rahman said that they would like to know whether the Cabinet of Ministers had taken a decision on 26 July, 2021, consequent to a Cabinet memorandum, dated 21 July, 2021.

Rahman, who is the SJB Colombo mayoral candidate at the indefinitely postponed local body election, told The Island that on behalf of the main Opposition party, he submitted a set of questions in this regard to the Ports, Shipping and Aviation Ministry yesterday in terms of the Right to Information Act.

“We want to clarify the appointment of a Negotiation Committee as envisaged and determinations made by the aforementioned committee,” Rahman said after having handed over the RTI application. “We asked for the names of the members of the Negotiating Committee.”

RTI became law in 2017 following a campaign spearheaded by the likes of the Yahapalana Speaker Karu Jayasuriya and civil society.The one-time Colombo District UNP MP alleged that the SJB sought information regarding this particular deal as the party was aware 14 acres of land, situated within the area, coming under the purview of the Colombo port, was to be given to a Chinese project at terms highly unfavourable to Sri Lanka.

Rahman said that they also sought documents pertaining to the deal after Nimal Siripala de Silva succeeded Kalutara District MP Rohitha Abeygunawardena as Ports, Shipping and Aviation Minister. Pointing out that de Silva took over the Ministry after Gotabaya Rajapaksa’s ouster in July 2022, Rahman said that they asked for legal opinion expressed by the Attorney General as regards the BOT (Build-Operate and Transfer) agreement pertaining to the large infrastructure project.

According to a copy of the RTI application seen by The Island, Rahman has sought the observations made by President Ranil Wickremesinghe, in his capacity as the Finance, Economic Stabilization and National Policies Minister as regards this project that involved an investment of USD 150 mn and working capital of USD 25 mn. Accordingly, China Merchant Port is represented by Colombo International Container Terminal (CICT).

CICT is a joint venture between China Merchants Port Holdings Company Limited, a listed blue chip company in the Hong Kong stock exchange, and the Sri Lanka Ports Authority (SLPA). China holds 85% of the partnership whilst the balance 15% is being held by SLPA.Responding to another query, the former parliamentarian said that they were very much interested in the valuation of the land allocated for this project.



News

India’s External Affairs Minister meets Sri Lanka PM

Published

on

By

India’s External Affairs Minister, Dr. Subramaniam Jaishankar, met with the Prime Minister of Sri Lanka, Dr. Harini Amarasuriya, on 23 December at Temple Trees, during his visit to Sri Lanka as the Special Envoy of Indian Prime Minister Shri Narendra Modi.

The meeting took place as part of the official visit aimed at holding discussions with Sri Lanka’s top leadership, at a time when the nation commenced reconstruction efforts following the devastation caused by Cyclone Ditwah.

During the discussions, the Minister of External Affairs of India reaffirmed readiness to extend support for Sri Lanka, including assistance in rebuilding railways, bridges, and strengthening of the agricultural sector in the country. He also highlighted the importance of having effective systems in place to respond to disaster situations, supported by strong legislative, administrative, and institutional frameworks. Both sides reviewed ongoing relief efforts and explored avenues to further strengthen bilateral cooperation in disaster response and recovery.

The Prime Minister commended the Government of India for the continued support, noting that the recovery process following the devastation caused by Cyclone Ditwah include beyond immediate relief efforts to long-term measures such as resettlement, and reconstruction of habilitation and infrastructure.

The Prime Minister further stated that steps have been taken to reopen schools as part of the process of restoring normalcy, with close monitoring in place. The Prime Minister emphasized the need to ensure stability, reduce vulnerability, and strengthen protection mechanisms highlighting the solidarity of the people, their strong spirit of volunteerism, and collective action demonstrated during the emergency situation.

The event was attended by the High Commissioner of India Santosh Jha, Additional Secretary (IOR), MEA  Puneet Agrawal, Joint Secretary (EAMO), MEA  Sandeep Kumar Bayyapu, Deputy High Commissioner Dr. Satyanjal Pandey, and representing Sri Lankan delegation, Secretary to the Prime Minister  Pradeep Saputhanthri, Additional Secretary to the Prime minister Ms.Sagarika Bogahawatta, Director General (South Asia), Ministry of Foreign Affairs Samantha Pathirana, Deputy Director, South Asia Division, Ministry of Foreign Affairs Ms.Diana Perera.

[Prime minister’s media division]

Continue Reading

News

Sri Lanka’s coastline faces unfolding catastrophe: Expert

Published

on

Sri Lanka is standing on the edge of a coastal catastrophe, with the nation’s lifeline rapidly eroding under the combined assault of climate change, reckless development and weak compliance, Director General of the Department of Coast Conservation and Coastal Resource Management (DCC&CRM) Dr. Terney Pradeep Kumara has warned.

“This is no longer an environmental warning we can afford to ignore. The crisis is already unfolding before our eyes,” Dr. Kumara told The Island, cautioning that the degradation of Sri Lanka’s 1,620-kilometre coastline has reached a point where delayed action could trigger irreversible damage to ecosystems, livelihoods and national security.

He said accelerating coastal erosion, rising sea levels, saltwater intrusion and the collapse of natural barriers, such as coral reefs and mangroves, are placing entire coastal communities at risk. “When mangroves disappear and reefs are destroyed, villages lose their first line of defence. What follows are floods, loss of homes, declining fisheries and forced displacement,” he said.

Dr. Kumara stressed that the coastline is not merely a development frontier but the backbone of Sri Lanka’s economy and cultural identity. “More than half of our tourism assets, fisheries and key infrastructure are concentrated along the coast.

If the coast fails, the economy will feel the shock immediately,” he warned.

Condemning unregulated construction, illegal sand mining and environmentally blind infrastructure projects, he said short-term economic interests are pushing the coastline towards collapse. “We cannot keep fixing one eroding beach while creating three new erosion sites elsewhere. That is not management—it is destruction,” he said, calling for science-driven, ecosystem-based solutions instead of politically convenient quick fixes.

The Director General said the Department is intensifying enforcement and shifting towards integrated coastal zone management, but warned that laws alone will not save the coast. “This is a shared responsibility. Policymakers, developers, local authorities and the public must understand that every illegal structure, every destroyed mangrove, weakens the island’s natural shield,” he added.

With climate change intensifying storms and sea surges, Dr. Kumara warned that Sri Lanka’s vulnerability will only worsen without urgent, coordinated national action. “The sea has shaped this nation’s history and protected it for centuries. If we fail to protect the coast today, we will be remembered as the generation that allowed the island itself to be slowly eaten away,” he went on to say.

By Ifham Nizam

Continue Reading

News

SOC examines proposed amendments to the Microfinance and Credit Regulatory Authority Bill

Published

on

SoC meeting underway (pic courtesy parliament)

The Sectoral Oversight Committee (SoC)on Economic Development and International Relations recently examined the Microfinance and Credit Regulatory Authority Bill and the proposed amendments thereto.

The SoC met in Parliament under the chairmanship of Member of Parliament Ms. Lakmali Hemachandra, (Attorney at Law). A group of officials representing the Central Bank of Sri Lanka, the Department of Development Finance of the Ministry of Finance, Planning and Economic Development, and the Legal Draftsman’s Department participated in the meeting.

The Microfinance and Credit Regulatory Authority Bill was presented to Parliament for its First Reading on 26.11.2025. Accordingly, the Committee held an extensive discussion on the amendments that have been proposed to the Bill. The Chair of the Committee, Hon. Member of Parliament Ms. Lakmali Hemachandra, (Attorney at Law) stated that it is important to give careful and further consideration to this Bill and that discussions on the proposed amendments will be held again on a future date.

Members of Parliament Lakshman Nipuna Arachchi, Thilina Samarakoon, Nilanthi Kottahachchi, Attorney at Law, Sagarika Athauda, Attorney at Law, Suranga Ratnayaka, and Wijesiri Basnayake also participated in this Committee meeting.

Continue Reading

Trending