The Hambantota Port (also known as the Port of Hambantota) is a maritime port in Hambantota, Sri Lanka. The first phase of the port was opened on 18 November 2010, with the first ceremonial berthing of the naval ship "Jetliner" to use the port facilities. It is named after former President Mahinda Rajapaksa. Hambantota Port is built inland and operated by the Sri Lanka Ports Authority. Total estimated construction cost of the Phase 1 of the project is US $361 million and out of which, 85% has been funded by the EXIM Bank of the People's Republic of China.