Sri lanka on the Silk road again


India’s ‘The Hindu’ newspaper says that with the recommencement of the suspended Colombo Port City Project, under new conditions Sri Lanka was rejoining the Naval Silk Way.

The newspaper points out that as a result of this, the new Silk Way will be in place across Sri Lanka and Miyanmar and Gibuti, an important oceanic centre in Africa, 

China recently initiated providing naval facilities in the State of Gibuti saying that it would transform the State into another Singapore.

The project of Port Development  in Sri Lanka and Miyanmar too is carried out with Chinese financial aid.

The South East Asian naval Silk Way lies across Miyanmar.

The Hindu newspaper said that with the completion of the Hambanthota Project it would be an important hub in the Chinese Oceanic Silk Way