China-owned ports report more than Rs 1b dividend to Sri Lanka Ports Authority By Kapila Bandara View(s): View(s):China Merchants Port Holdings (CMPH) has declared a dividend of Rs. China Merchants Port Holdings, said the roll-on/roll-off terminal handled 281,000 vehicles in the first half, up by 56.2% year-on-year. China’s port projects in Sri Lanka have become intertwined with national debt and corrupt domestic politics and business. China Merchants Port Holdings agreed to plough up to US$1.12 billion into Hambantota Port and port and marine-related activities. China Merchants Port Group, founded 149 years ago, is based in Shenzhen in southern Guangdong province and owns China Merchants Port Holdings, which says it is the leading port developer, investor and operator in China and a leading world player.

Source: Sunday Times September 05, 2021 00:45 UTC