Opening the salt industry for more investments

Opening the salt industry for more investments

It is proposed to open the salt industry for more investments in order to bridge the Salt Production deficit in the island helps to save foreign exchange from flowing out of the country and reach an annual production capacity of 50,000MT of salt.

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LOCATION : The Northern part of the Elephant Pass Saltern will be developed under this project.
SECTOR : Salt (Manufacturing)
PROJECT VALUE : Approximately Rs.600mn (US$4mn) investment, to generate an annual production capacity of 50,000MT
INVESTMENT TYPE : Public Private Partnership
RETURN ON INVESTMENT : Not mentioned
INTERNAL RATE OF RETURN : Not mentioned
ACCOUNTING RATE OF RETURN : Not mentioned
OPPORTUNITY CODE : VBS/OP/15092017/X-4

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