Hambantota Chamber wants proper land alienation mechanism for
The Hambantota District Chamber of Commerce (HDCC) has proposed a
proper mechanism for land acquisition for new investors in the
Director General of HDCC Azmi Thassim said due to the development
projects in the Hambantota district such as the Hambantota Port
development project, major companies are now in the process of expanding
their businesses to Hambantota.
“We have noticed that 15 major companies have now embarked on their
expansion projects in the Hambantota district. Some of them have already
setup their offices and appointed management teams to monitor the
operations,” he said.
“ Companies in the manufacturing process are keen on setting up their
logistical hub for easy transport of their raw materials and finished
products with the establishment of the new Hambantota Port. However HDCC
receives a vast number of inquiries on purchasing lands and recruiting
people from various companies who are willing to put up offices in
“The major problem faced by these investors is finding sufficient
lands for their projects. Most of the lands available in the district
are Government lands and investors have to go through a long process to
release lands for their projects,” Thassim said.
“Today there is a huge demand for the lands in the area and land
prices have gone up by 200 per cent compared to the past ten years.
There is a huge demand from foreigners for lands in the coastal belt in
the area,” he said.
“As the district chamber in the area, we are facilitating these
investors to find lands.
The land available in the countryside belongs to the Government.
There should be a proper mechanism like a one stop shop for purchasing
or leasing lands for these investors,” he said. HDCC is geared up to
assist these investors.
“We have launched a website to provide information for these
investors and promote Hambantota as an investment destination.
“HDCC has also organised an investor forum to educate investors who
are keen to invest in the Hambantota district,” he said.
“We have also embarked on a project to promote public - private
partnerships for economic growth in the regional level collaborating
with the Asian Foundation. Devolution of power in the country will play
a vital role in the future and it is important to facilitate public -
private partnerships,” he said.