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NPP MP Anura Kumara Dissanayake Challenges the Nature of China’s Sinopec Project, Denying it Qualifies as an Investment

During today’s parliamentary session, NPP MP Anura Kumara Dissanayake asserted that China’s Sinopec project, aiming to establish 250 petrol sheds, does not constitute a genuine investment. He argued that local businessman Dudley Sirisena could have undertaken a similar endeavor if provided with the opportunity.

Addressing the Parliament, Dissanayake emphasized that a legitimate investment should contribute technology and capital to the country. He raised questions about the nature of the Chinese company’s initiative to set up 250 petrol sheds for fuel sales, questioning whether it truly qualifies as an investment that brings technological advancements or capital infusion.

“The Chinese company was given a chance to open 250 petrol sheds to sell fuel. Is it an investment? Is it an intake of technology or capital? Even Dudley Sirisena could have opened 250 petrol sheds. It is not an investment,” he declared.

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