Hambantota IZ to derive income soon from cement, oil refining companies | Daily News

Hambantota IZ to derive income soon from cement, oil refining companies

The cement factory and the oil refinery at the industrial zone in Hambantota are constructed now at a cost of US $ 3,850. The oil refinery is fivefold bigger than the Sapugaskanda oil refinery, the project director said. He said it will refine 200,000 barrels of crude oil per day. A Singaporean company will provide 75 per cent of the cost and an Oman company will bear the rest.

US$ 100 million will be invested in the cement production and packing factory. The factory, once completed, will produce 3.6 million metric tonnes of cement, the Project Director said.


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