w88 casino News Network (provided by the w88 casino of Marxism)On January 15, 2025, Professor Wang Zhimin went to Sri Lanka with the International Politics Research Branch of the Beijing Higher Education Society and made a special trip to Hambantota Port, which is positioned as a high-quality flagship project of the "Belt and Road" joint construction by China and Sri Lanka. During the inspection, he was warmly received by the heads of Hambantota International Port Group Co., Ltd. and Hambantota International Port Services Co., Ltd. On the morning of January 15, Professor Wang Zhimin and his party, accompanied by the relevant leaders of the Hambantota International Port Group, visited the Hambantota Port Ro-Ro terminal, oil storage facilities, parks and other related facilities. In the afternoon, they had discussions and exchanges with company leaders. Professor Wang Zhimin inquired in detail about the construction process, development status and operating model of Hambantota Port, specifically about the development of the port, park and related industries of Hambantota Port, and how to form the flow of people, logistics, capital flow, technology flow and information flow to achieve joint development. He also had a more in-depth discussion with relevant leaders on issues such as Hambantota Port's promotion of economic prosperity in the backward areas of southern Sri Lanka and the economic and social development of Sri Lanka, the Maldives and other Indian Ocean countries. Professor Wang Zhimin further discussed with the leaders of Hambantota International Port Group Co., Ltd. and Hambantota International Port Services Co., Ltd. the development prospects of Hambantota Port as a flagship project of China-Sri Lanka high-quality joint construction of the "Belt and Road" and the supporting role it plays in building a community with a shared future for China and Sri Lanka. After the inspection, Wang Zhimin wrote a research report on Hambantota Port.
Wang Zhimin and his delegation visited Hambantota Port
Wang Zhimin communicates with leaders of Hambantota Port
A gift from Wang Zhimin with the logo of the w88 casino in Hambantota Port
The Hambantota Port is located on the southern coast of Sri Lanka and is located at the shipping hub of the Indian Ocean. It is a key node connecting the east-west w88 routes and is known as the "Heart of the Indian Ocean". The port is built by Chinese companies. Due to poor management and the impact of complex factors such as rapid changes in the international market environment, the Han Port project operated by Magampura Port Management Company, a subsidiary of the Sri Lanka Ports Authority (SLPA), suffered huge losses, with a cumulative loss of approximately US$304 million from 2012 to 2016. On July 29, 2017, China Merchants Port Holdings Co., Ltd. and the Sri Lankan government signed a concession agreement for the Hambantota Port and established two joint ventures, Hambantota International Port Group Co., Ltd. and Hambantota International Port Services Co., Ltd., to be responsible for the commercial management operations and administrative management operations of Hambantota Port. China Merchants Port Holdings Co., Ltd. holds 85% and 49.3% of the shares in these two companies respectively, and the Sri Lanka Port Authority holds 15% and 50.7% respectively. The concession agreement is valid for 99 years.
While in Sri Lanka, Professor Wang Zhimin also visited the tree symbolizing Sino-Sri Lanka friendship planted by Premier Zhou Enlai during his first visit to Sri Lanka in 1957 and the Bandaranaike International Conference Building built with China's aid. These have witnessed the decades-long friendly relations between China and Sri Lanka. Everyone reviewed the history of China-Sri Lanka friendship and the importance of cultural exchanges between China and Sri Lanka.
