Sri Lanka, Oct. 21 -- oncerns regarding the agreement to allocate 10 acres of land at the Colombo Port were among the key reasons behind the government's opposition to a proposed USD 280 million logistics project involving a Chinese company, Ports Minister Bimal Rathnayake revealed in Parliament.

Speaking in Parliament, the minister explained that the agreement involved allocating 10 acres located between the East and West Container Terminals.

While supporting the investment itself, the government held concerns over how the agreement was reached and the lack of proper procedures.

He noted that he personally worked to facilitate the project upon assuming office, including bringing senior company officials to Sri Lanka for discussions. ...