February 23, 2026 05:29 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘No systemic risk’: Sanjay Malhotra breaks silence on ₹590 crore IDFC First Bank Limited fraud | India urges all nationals to leave Iran 'by available means' as US-Iran tension grows | India shines at BAFTA! All you need to know about Manipuri film Boong that stunned global cinema | Mamata Banerjee’s former right-hand man and ex-Railway Minister Mukul Roy dies after prolonged illness | Rahul Gandhi slams Modi as ‘compromised’, says PM can’t renegotiate India-US trade deal | Terror alert in Delhi: LeT may target Chandni Chowk with IED, say reports | US Supreme Court shocks Donald Trump on tariffs — but India may still end up paying more | PM Modi warns ‘AI must not control humans’ as India unveils bold tech vision at AI Impact Summit 2026 | Former South Korean President Yoon Suk Yeol sentenced to life over failed martial law bid | Tata Group joins hands with OpenAI in massive AI push to transform India and global industries
Sri Lanka
Image: Wikimedia Commons

Sri Lanka government supports Supreme Court verdict on Colombo Port City

| @indiablooms | May 20, 2021, at 01:28 am

The Sri Lankan government has backed the Supreme Court’s determinations and amendments on the Colombo Port City Economic Commission Bill that relates to provisions for governing a Chinese-built new commercial zone which critics have dubbed as a "Chinese colony".

Sri Lankan minister Keheliya Rambukwella said in line with the judgment, the draft bill could now be passed with a simple majority in Parliament with the necessary amendments.

Earlier, Speaker Mahinda Yapa Abeywardena informed Parliament that the Supreme Court had ruled  determination on the Colombo Port City Economic Commission Bill states some clauses are inconsistent with the constitution. Abeywardena further said the court had also advised that it can be made valid if amended or passed through a referendum, and thereby, a special majority or referendum will be required to pass the Bill, Newswire reported.

The debate and vote on the Bill was delayed previously after the Speaker had announced he was yet to receive the Supreme Court’s determination in this regard.

A five-judge bench headed by Chief Justice Jayantha Jayasuriya handed over its decision to the Speaker after considering 19 petitions filed against the proposed bill, according to ColomboPage.

The government hopes the project  could attract USD 15 billion in investments, and emerge as a leading business, retail, residential and tourist destination in South Asia.

CHEC Port City Colombo is a joint venture between the state and China Harbour Engineering Company.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.