Trincomalee Industrial Zone :
Government sets investor proposal deadline
Deadline for submitting investor proposals for the establishment of
new business ventures at the industrial park of Trincomalee Port City
Development project has been set for May10. A top Sri Lanka Ports
Authority (SLPA) official speaking to Daily NewsBusiness said that 30
investors have so far submitted project proposals to SLPA in various
investment areas such as ship repairs, fertilizer and cement
manufacturing and most of the applications have been submitted by local
companies with foreign collaboration.
SLPA has still not classified the investment opportunities available
for interested parties at the park as they believe there will be more
investment opportunities at Trincomalee Industrial Zone than the
Hambantota port industrial project.
SLPA has embarked on a new project worth of Rs one billion to provide
necessary infrastructure facilities such as electricity, water, road
facilities for the industrial park as well.
The Cabinet approved Trincomalee city development project comes under
around 4,000 acres of land and will mainly consist of an industrial park
and a tourism zone.