Chinese firms involved in construction projects in Sri Lanka

With Chinese companies involved in as much as 40 per cent of the construction projects in Sri Lanka, a trade body here has moved a Cabinet paper demanding foreign companies engaged in such works should have local partners. The Ceylon Institute of Builders (CIoB), an illustrious group of engineers and builders of Sri Lanka, said the China International Contractors Association (CHINCA) has a stake in 40 per cent of construction projects in the country, Colombo Gazette reported. The report said over 240 local and international vendors, including 20 Indian companies and 30 Chinese firms, displayed a wide spectrum of construction products, services and information for the local construction sector during the exhibition. A Business Forum of Sri Lanka and China's Liaoning province was also held on the sidelines of the expo opening.