Chinese Magamoura Mahinda Rajapaksa SPA
Port of Hambantota
2010-
Hambantota, Southern
6.125, 81.101111
Location
Ships
Port Ring Road, Magampura Mahinda Rajapaksa Port, Magampura Mahinda Rajapaksa Port Area, Hambantota, Hambantota District, Southern Province, Sri Lanka
Nearby Locations
| Km | |||
|---|---|---|---|
| Mattala Rajapaksa International Airport | VCRI | 17.9 | 008° |
| Weerawila International Airport | VCCW | 20.7 | 046° |
| Koggala | VCCK | 87.6 | 260° |
| Gregory's Lake | NUA | 100.6 | 338° |
| Katukurunda | VCCN | 132.9 | 291° |
| Amparai | VCCG | 146.7 | 023° |
Built with investment from Chinese-backed loans, the Sri Lankan government was unable to service its international debt repayments and in a ceremony held in Dec 2017, handed an 85 per cent stake in the port to its creditors in China on a 99 year lease as part of a Concession Agreement.
Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS) are two new companies set up by China Merchants Port Holdings to manage and operate the port.
Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS) are two new companies set up by China Merchants Port Holdings to manage and operate the port.