China Harbour to build Srilanka's New Port City

Sri Lanka is expecting $15 billion in investment from a new 'port city' that will be built on land reclaimed by the sea in the capital.

China Harbour Engineering Corporation has already been given the contract for the project.

The government hopes to commence work in October on the ambitious project that will reclaim 243 acres (98.4 hectares) from the sea near the Colombo port, according to Wickrama.