China Security Technology Group Sri Lanka Subsidiary Signed the contract for Port City Project with CCCC Fourth Harbor Engineering Co., Ltd.
Golden autumn is a good time of year, and news of success keeps pouring in. The serial terrorist bombings in 2019 and the Covid-19 epidemic in 2020 have severely damaged Sri Lanka’s security and economic environment. With the selfless assistance of China and the joint efforts of the local government, the epidemic in Sri Lanka has gradually been brought under control. CSTG's Sri Lankan subsidiary keeps moving forward. While strictly fulfilling the security and epidemic prevention tasks of its customers, it actively explored the market and successfully signed the contract with CCCC Fourth Harbor Engineering Co., Ltd for security service of Colombo Port City Phase I Municipal Engineering project recently.
As a pioneer in the resumption of projects and services in Sri Lanka, Sri Lanka subsidiary will provide customers with security services based on a high sense of responsibility and professional security service awareness, and consistently high standards.
The Port City of Colombo is Sri Lanka's largest foreign direct investment project. The first phase of the project cost about 1.4 billion US dollars and the sea reclamation work has been completed. In the second phase of the next 20 years, there will be another 13 billion US dollars of investment and more than 83,000 jobs will be created. The Port City project will become a new engine for Sri Lanka's economic recovery.