World Bank banned CHEC
Sunday, 23 February 2014
Posted on Tue, 05/06/2012 - 15:04 in World News
(CNS): The Chinese company that the Cayman Islands government is negotiating with over the development of cruise berthing facilities has been banned by the World Bank because of fraud and corruption. The parent company of China Harbour Engineering Company (CHEC), China Communications Construction Company Limited (CCCC), has been barred from being involved in projects financed by the global bank since 2009 under its fraud and corruption sanctioning policy. The revelation was made by the Jamaica’s Contractor-General, Greg Christie, who has raised concerns about developments in that country which were given to the Beijing based firm.
Sunday, 23 February 2014
Posted on Tue, 05/06/2012 - 15:04 in World News
(CNS): The Chinese company that the Cayman Islands government is negotiating with over the development of cruise berthing facilities has been banned by the World Bank because of fraud and corruption. The parent company of China Harbour Engineering Company (CHEC), China Communications Construction Company Limited (CCCC), has been barred from being involved in projects financed by the global bank since 2009 under its fraud and corruption sanctioning policy. The revelation was made by the Jamaica’s Contractor-General, Greg Christie, who has raised concerns about developments in that country which were given to the Beijing based firm.No outlay by Colombo govt., 20 ha.
freehold for developer
February 22, 2014, 5:50 pm 
An artist impression of the Colombo City Port Project.
China Harbour Engineering Corporation (CHEC), handling the mega Colombo Port City Development, yesterday issued a detailed statement titled "Clarification on the Colombo Port City Project" vigorously defending itself against various allegations and statements recently made against the company.
