Prime Minister Ranil Wickremesinghe says that security at the Colombo Port City renamed the Financial City, would be entrusted to the Sri Lankan Navy and Air Force and not the Chinese.
He said that provision of security would be in accordance with procedures adopted worldwide and there would be no deviation in that regard.
Responding to accusations that the government was selling the country’s assets , he said that it was the previous Rajapaksa administration that had given freehold land to the Chinese to establish the Colombo Port City.
“We cancelled that agreement and gave the land on 99- year lease. No land has been sold to any foreign company, not even in the case of the Hambantota Port and Industrial Project,” he said.
The revealed that two offers had been received from China for an eighty percent stake in the Hambantota Port and the higher one of USD 1.4 billion had been accepted.