The Finance Ministry of Sri Lanka has reportedly stated that the country had received US$ 1.35 billion in project financing by foreign lenders during the first 11 months of 2018.
The government of Sri Lanka has reportedly announced that steps are underway to set up a 100 MegaWatt floating solar power plant on a reservoir as a joint venture between state agencies and Canada.
Hayleys Advantis Ltd (Advantis) of Sri Lanka has in partnership with Dubai-based Trustworthy.ae Group, recently broken ground at their first Inland Container Depot (ICD) facility in Abu Dhabi.
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.