China's Belt & Road Sri Lankan Projects - White Elephants or Strategic Dormant Assets?
9 Pages Posted: 29 May 2018
Date Written: May 21, 2018
Abstract
Sri Lanka has been the recipient of significant debt capital from China to fuel a variety of infrastructure projects. Needless to say the projects have failed commercially, necessitating debt to equity restructuring which has delivered control of critical strategic infrastructure to Chinese companies.
This paper outlines 2 of the key projects in question and contemplates the strategic intent of the funding of remote infrastructure projects that coincidentally have a high strategic value to China's trade security.
Suggested Citation: Suggested Citation
Assef, Nicholas Andrew and Assef, Nicholas Andrew, China's Belt & Road Sri Lankan Projects - White Elephants or Strategic Dormant Assets? (May 21, 2018). Available at SSRN: https://ssrn.com/abstract=3182351 or http://dx.doi.org/10.2139/ssrn.3182351
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.