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

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

Nicholas Andrew Assef (Contact Author)

LCC Asia Pacific ( email )

Suite 3, Level 39
88 Phillip Street
Sydney, 2000
Australia

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