Sri Lanka, China sign 300 mln USD investment agreement to manufacture tires in Hambantota


COLOMBO, Nov. 20 (Xinhua) -- The agreement on a 300-million-U.S.-dollar investment to build a modern export-oriented tire factory in an industrial zone adjacent to the Hambantota International Port in southern Sri Lanka has been signed.

The ceremony was held on Thursday at the Board of Investment (BOI) auditorium in commercial capital Colombo with the attendance of Minister of Ports and Shipping Rohitha Abeygunawardena and Chairman of the BOI Susantha Ratnayake.

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