Sri Lanka looks for international investors for 108 acres near southern port
EconomyNext: Sri Lanka’s cabinet has greenlit a plan to call investors to develop 108 acres of land in Hambantota for an industrial and container related project on a 50-year lease basis, minister Nalinda Jayatissa said.
The land measuring 108 acres, 3 roods, and 37.85 perches is located in Kaliyapura, roughly 16 km from the China-backed Hambantota International Port (HIP).
“The Cabinet approved the proposal to invite investment proposals following the international competitive bidding process,” Jayatissa told reporters.
HIP said in April that it has expanded its operational capacity to manage the increased volume of global shipping that has been rerouted due to the US-Israel war on Iran.
OSL take:
Sri Lanka is steadily expanding its appeal as an investment destination, with the Sri Lankan government actively opening new business/investment opportunities for foreign businesses/investors across logistics, manufacturing, energy, tourism, and infrastructure. The latest example is the Cabinet’s approval to invite investors to develop more than 108 acres of land in Kaliyapura, Hambantota, on a 50-year lease basis for industrial and container-related activities. Located just 16 kilometres from Hambantota International Port, the project highlights Sri Lanka’s strategy of leveraging its position along major Indian Ocean shipping routes to attract export-oriented industries and logistics operators. The initiative complements ongoing investments in ports, industrial zones, renewable energy projects, and tourism infrastructure across the country. As Sri Lanka continues its economic recovery and reform agenda, foreign businesses/investors are finding opportunities in sectors ranging from value-added manufacturing and warehousing to renewable energy, technology services, agribusiness, and hospitality. The Sri Lankan government’s focus on public-private partnerships (PPPs), long-term land leases, and trade connectivity is helping create a more attractive environment for international capital seeking access to South Asian and global markets. With strategic geography, improving infrastructure, and a growing emphasis on export-led growth, Sri Lanka is positioning itself as a competitive regional hub for investment and business expansion.
| Article Code : | VBS/AT/20260702Z_1 |