H'tota Port project attracts US $ 2 bn investments
The Hambantota Port Free Zone has attracted 17
entrepreneurs with a massive investment to the tune of US $ 2
billion. Under this the first agreement to establish a sugar
refinery with a invest of US $ 220 million was signed. Dr. Priyath
B. Wickrama, Chairman Sri Lanka Ports Authority making the key note
address at the AAT Sri Lanka Conference 2012 in Colombo added that
other agreements too will be signed very soon. “In addition to these
investments,a few vehicle assembling factories, including Audi and a
bus assembling factory will be established just outside the
Hambantota Port,” he said.
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SEC presents road map for capital market development
Securities and Exchange Commission of Sri Lanka
(SEC) together with the Colombo Stock Exchange presented a three
year road map that will guarantee the success of the capital market
in the coming years.
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Indian delegation holds discussions with BOI
The Board of Investment of Sri Lanka hosted a 13
member delegation from the Confederation of Indian Industry (CII)
which included some of the leading industrialists in India and
briefed them on the opportunities Sri Lanka offers investors as well
as the country’s rapidly improving business environment, thrust
sectors for investment and incentives offered to investors.
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