27 January 2011

Sri Lanka Opens Bids for Industries by 25 Parties at Hambantota Magampura Port Next Week

26th January 2011, www.lankabusinessonline.com

Sri Lanka's ports authority will open financial proposals by 25 parties to start industries at a Chinese built port in the island's south next week, chairman Priyath Bandu Wickrema said.

He said a government committee had completed preliminary scrutiny of 25 proposals for suitablility and financial bids for the projects will be opened next week.

Wickrema has said that firms wanting to process cement, iron ore, fertilizer, sugar and vehicle assembly had given proposals.

Sri Lanka's 'Magampura' port in the Southern Hambantota town is a 360 million US dollar Chinese-built project.

It will be used for ship refueling and also as an industrial port. There are about 100 acres available to industries inside the spacious port, an official said.

Related Info :
Sri Lanka President Commissions Hambantota Magampura Port. 2nd Phase of Construction Begins
Sri Lanka to Open Bunker Terminal at Hambantota Port. $130mn Facility Offers Capacity of 82,000 Metric Tonnes
Sri Lanka Hambantota Magampura Port Attracts Vehicle Assembly and Cement Manufacture

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