COLOMBO -- China, no stranger to building islands, has finished one off the coast of Colombo that gives Sri Lanka, a strategically located South Asian nation, the potential of erecting a futuristic business hub.
Billed as Port City Colombo, the 269 hectares of land reclaimed off the coast of Sri Lanka's largest city was officially declared part of the country last weekend. The night sky above Colombo's coast lit up with fireworks to mark the moment this Chinese-led venture was formally able to begin attracting foreign investors.