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As a result of the suspension, the CCCC has estimated an initial direct loss for the company of over $ 380,000 a day.
Furthermore, the interest on the financial loan obtained by the company for the development of the project was being paid regardless of the ongoing suspension.
Over 200 meters of the breakwater constructed thus far has been damaged due to the suspension as the company is unable to take measures to protect the reclaimed land due to the suspension.
The reconstruction of this damaged land area will be an additional cost the company will have to incur, if and when the project commences.
More bargaining power to sri lanka????????????
Furthermore, the interest on the financial loan obtained by the company for the development of the project was being paid regardless of the ongoing suspension.
Over 200 meters of the breakwater constructed thus far has been damaged due to the suspension as the company is unable to take measures to protect the reclaimed land due to the suspension.
The reconstruction of this damaged land area will be an additional cost the company will have to incur, if and when the project commences.
More bargaining power to sri lanka????????????
