Shipping industry sees growth
US $ 273.1 m invested in last five years:
The country’s shipping industry will continue its growth
momentum as several mega port development projects were launched
during the last five years. A sum of US $ 237.1 million has been
invested. This year surpasses the previous figure and of which port
related investment records an increase including a US $ 500 million
for the third terminal to be constructed at the Colombo Port.
Selacine doubles revenue, makes Rs 17 m profit
The revenue at the Selacine Television Institute
has more than doubled, from Rs 149 million to over Rs 350 million in
2010 and 2011. The vision of the company is to double the revenue in
two years and meet total market needs in five years.
Sabaragamuwa gets four star hotel
Grand Udawalawa Safari Resort has invested Rs
500 million to construct a four star hotel in the Sabaragamuwa
province that will open in March 2012 with 55 rooms. The target
market for the Udawalawa Safari Resort will be mainly business
community, both local and foreigners.