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SLPA+targets+US%24+500m+new+projects+in+H%27tota
Wednesday, 01 August 2012 - 14:10
SLPA targets US$ 500m new projects in H'tota
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Several new Hambantota Port related projects would be commissioned this year.

Among them are a sugar refinery plant, fertilizer storage, processing and packing plant, petrol chemical plant and a cement plant.

The main stakeholders of these investments would consist of Singaporean, Indian and Pakistani investors along with several local companies.

An official from the Sri Lanka Ports Authority said with the Phase 2 operations commencing, they had identified 15 investment projects worth 1 billion dollars.

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