Sri Lanka’s Power and Energy Minister Ravi Karunanayake has reportedly said that a wind power plant would be set-up at Delft Island in the country’s Northern Province in order to provide electricity to the people in the area.
A Foreign Direct Investment (FDI) of US$ 3.85 billion from Oman and Singapore is to set up an oil refinery in Sri Lanka’s Export Processing Zone in the southern city of Mirijjawila.
An official of the government of Sri Lanka has said that Ceylon Steel and Onyx group is investing US$ 75 million to set up a cement grinding plant in Mirijjawila in the country’s Southern Province Hambantota.
Japan is to reportedly grant waste collection trucks to the Jaffna municipality in Sri Lanka’s Northern Province in a bid to improve solid waste disposal in the area
Sri Lanka’s state investment promotions agency, the Board of Investment (BOI) has noted that the country has received US$ 2.37 billion of foreign direct investment (FDI) in 2018, which is a 38 percent from US$ 1.78 billion a year earlier.