CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Sri Lanka has signed an agreement with which country to proceed with the construction of a Financial City Centre in Colombo.
A
China
B
Australia
C
South Africa
D
US
Explanation: 

Detailed explanation-1: -It is a 100% owned subsidiary of China Harbour Engineering Company Ltd (CHEC).

Detailed explanation-2: -PROJECT Spanning 269 hectares of reclaimed land from the sea, Port City Colombo will be South Asia’s premiere residential, retail and business destination, offering unmatched planned city living along the warm waters of the Indian Ocean.

Detailed explanation-3: -The port city was suspended after the fall of the Rajapaksa government due to issues related to sovereignty of Sri Lanka and adverse environmental impacts. The Colombo International Financial Centre will be governed by an independent authority and will not be subjected to the Colombo Municipal Council.

Detailed explanation-4: -Mumbai. South Mumbai is home a major port and is the biggest port in India. Mumbai is a natural habour and primarily used for bulk cargo.

There is 1 question to complete.