Sri Lanka build a new port with Chinese assistance was inaugurated Sunday, authorities said.

Hambantota port in the southern capital is 240 miles, should begin to receive ships in November.

The project cost $ 360 million, 85 percent of China Export-Import Bank as a loan that the loan was to come. Sri Lanka was the balance being funded by state revenue.

With a port approach channel, 210 meters wide and 17 m depth over 7,000 ships per year to manage the project in three phases, which should be completed.

Refueling and bunkering sea lanes in the early nautical miles south-east of Sri Lanka will provide services for ships using, officials said.

Sri Lanka is now developing country and listing for boost business in sri lanka manufacturers, Sri Lanka Suppliers and Sri Lanka Exporters in Made-from-india.com

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