Hambantota Port project proposals close September 30

Indunil Hewage

Accepting project proposals for the establishing of new businesses in the Hambantota industrial port ends September 30. The Government requested project proposals from potential investors to establish ventures in the Hambantota industrial port recently. Hambantota Port Project Director Agil Hewageegana said 27 foreign and local investors have already taken the required documentation to submit their business proposals.

Most of them have expressed their willingness to start their ventures before November this year. “We have not still finalized the investors’ profile and after receiving the documentation we will be able to say how many investors are aspiring to start ventures and what type of industries they will set up,” Hewageegana said.

Investment opportunities are available in food canning, fertilizer processing, cement grinding, raw materials, assembling, warehousing and such other ventures.

Sri Lankan investors have also shown interest to start joint ventures with foreign collaboration and 140 acres have been reserved to start these ventures.