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Observers claim investments in Colombo put Sri Lanka’s interests at stake

Staff WriterOctober 21, 2021October 22, 2021
by Staff WriterOctober 21, 2021October 22, 20210191
(UTV | COLOMBO) – Investment projects in the coastal city of Colombo, Sri Lanka have created enormous social and economic imbalances in many respects, changing...
(UTV | COLOMBO) - Investment projects in the coastal city of Colomboand it is a costly risk for Sri Lanka and its people.   Source: A24 News Agencyand this indirect return will be at the expense of strengthening Sri Lanka's image as a partner to Chinabut will only benefit the financial sector and the financial services sectorchanging the landscape of the city geographically and surrounding it from all sidesSri Lanka have created enormous social and economic imbalances in many respectsstated that the government had signed an agreement to hand over the southern part of the coastal city to investors without announcing or showing a document on the agreementSunil Handunneththito serve 1% of the mega-rich and consider it a forbidden city. The former COPE chair and Janatha Vimukthi Peramuna MPwhich raises doubts about the possibility of suspicions of corruption. Observers believe that the coastal city project if it succeedswhich will make Sri Lanka more vulnerable to the contradictions of regional and global competitionwill not result in a real boost to the economy

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