No US sanctions against the companies involved in Colombo Port City project: Chinese company 

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CHEC Port City Colombo (Pvt) Ltd has refused the allegation made by the US Ambassador to Sri Lanka Alaina B. Teplitz on the involvement of the Chinese company listed under US sanctions in the Colombo Port City project. 

Earlier, Teplitz said that the US had imposed sanctions on one Chinese company involved in the Colombo Port City project.

“Neither CHEC Port City Colombo nor its parent company China Harbour Engineering Company (CHEC) and China Communications Construction Company (CCCC) are listed in the United States sanctions which were announced in August 2020,” CHEC Port City Colombo said in a statement.

CHEC Port City Colombo reiterated that the company has no direct business relationship with any of the China Communications Construction Company’s subsidiary companies targeted by US sanctions.

The subsidiaries which were included in the said US sanctions were a few companies involved in South China Sea reclamation work.

“The land reclamation work of Port City Colombo conducted by CHEC Port City Colombo (Pvt) Ltd is an entirely different subsidiary of CCCC. Furthermore, it is important to note that there were no US actions against the project company’s parent company, CCCC at any point. CCCC is a Fortune 500 company currently ranking 78th,” CHEC Port City Colombo said.

“It is our intent to bring clarity to Ambassador Alaina B. Teplitz’s misleading comments and provide with an unbiased understanding of Port City Colombo,” CHEC Port City Colombo said.

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