H’tota port sale beginning of govt. privatisation drive

By Harischandra Gunaratna

Dr. Lalithasiri Gunaruwan on Wednesday said the sale of the Hambantota Port to the Chinese was a forerunner to the divestiture of other strategic assets of the country and there had been no transparency at all in the particular deal though the government had come to power promising ‘good governance’.

The university don and former General Manager Railways said the government had opted for 80-20 deal though another Chinese company had offered 65-35.

Gunaruwan said the port and the land had been given to the Chinese for a song without any assessment and likened the government action to selling family silver.

"The area surrounding the port is geopolitically and militarily important for China and sometimes Hambantota could turn out to be a battleground as other countries are also eyeing these strategically important assets," he said.

An independent analyst Chris Dharmakeerthi said many countries including India were eyeing Sri Lanka’s resources.

animated gif
Processing Request
Please Wait...