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සංවර්ධන News
- Thread starter monson
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Construction of US$3.85bn oil refinery to start this month, exports US$7bn
Mar 19, 2019 11:46 AM GMT+0530
ECONOMYNEXT- Sri Lanka will begin construction of a 3.85 billion US dollar oil refinery on March 24, which can export up to 7 billion dollars of refined products a year when in full operation, officials said.
The refinery will have a capacity of 200,000 barrels per day and is slated to be the biggest foreign direct investment project in the country, Deputy Minister of International Trade and Investment Nalin Bandara said.
The refinery is a joint venture between Silverpark International (Pvt) Ltd, based in Singapore which hold a 70 percent stake and Oil and Gas Company of Sultanate of Oman which will hold 30 percent, technical advisor to the ministry of international trade Mangala Yapa said.
Construction will begin on March 24 on the tank farm, he said.
The refinery will target exports and no commitments have been given by Sri Lanka to purchase its output, Yapa said.
The firm could also supply Sri Lanka's Ceylon Petroleum Corporation or Lanka IOC after making competitive bids, he said.
Sri Lana now has a refinery with a 50,000 barrels per day capacity, but it has old technology. (Colombo/Mar19/2019)
- https://economynext.com/Construction_of_US$3.85bn_oil_refinery_to_start_this_month,_exports_US$7bn-3-13777.html
Mar 19, 2019 11:46 AM GMT+0530
ECONOMYNEXT- Sri Lanka will begin construction of a 3.85 billion US dollar oil refinery on March 24, which can export up to 7 billion dollars of refined products a year when in full operation, officials said.
The refinery will have a capacity of 200,000 barrels per day and is slated to be the biggest foreign direct investment project in the country, Deputy Minister of International Trade and Investment Nalin Bandara said.
The refinery is a joint venture between Silverpark International (Pvt) Ltd, based in Singapore which hold a 70 percent stake and Oil and Gas Company of Sultanate of Oman which will hold 30 percent, technical advisor to the ministry of international trade Mangala Yapa said.
Construction will begin on March 24 on the tank farm, he said.
The refinery will target exports and no commitments have been given by Sri Lanka to purchase its output, Yapa said.
The firm could also supply Sri Lanka's Ceylon Petroleum Corporation or Lanka IOC after making competitive bids, he said.
Sri Lana now has a refinery with a 50,000 barrels per day capacity, but it has old technology. (Colombo/Mar19/2019)
- https://economynext.com/Construction_of_US$3.85bn_oil_refinery_to_start_this_month,_exports_US$7bn-3-13777.html
Sri Lanka gets US$2.37bn in FDI in 2018; targets US$3bn in 2019
Mar 19, 2019 13:49 PM GMT+0530
ECONOMYNEXT - Sri Lanka has received 2.37 billon US dollars of foreign direct investment in 2018, up 38 percent from 1.78 billion US dollars a year earlier, an official said.
Director General of the Board of Investment of Sri Lanka Champika Malalgoda said the original target for 2018 was 2.5 billion US dollars.
In 2019, Sri Lanka is targeting 3.0 billion US dollars of investments.
"I am sure we can achieve this target with the projects in the pipeline," Malalgoda told reporters in Colombo.
The 2018 FDI was the highest received in a single year, Malalgoda said
Out of 17 billion US dollars of FDI realized since the BOI was set up in 1978, 5.8 billion US dollars or 34 percent had come after 2015, she said.
Out of the 2018 total, 52 percent came from projects approved before 2015 and 48 percent after 2015.
On March 24, construction is to begin on an oil refinery in Mirijjawela, off Hambantota port, involving an investment of 3.85 billion US dollars, official said.
The FDI is expected to be realized over the next four years.
Mangala Yapa, technical advisor to the ministry of international trade and investment said Sri Lanka was now drawing industrial and service firms to the country, after building infrastructure earlier. (Colombo/Mar19/2019)
- https://economynext.com/Sri_Lanka_gets_US$2.37bn_in_FDI_in_2018;_targets_US$3bn_in_2019-3-13779-1.html
Mar 19, 2019 13:49 PM GMT+0530
ECONOMYNEXT - Sri Lanka has received 2.37 billon US dollars of foreign direct investment in 2018, up 38 percent from 1.78 billion US dollars a year earlier, an official said.
Director General of the Board of Investment of Sri Lanka Champika Malalgoda said the original target for 2018 was 2.5 billion US dollars.
In 2019, Sri Lanka is targeting 3.0 billion US dollars of investments.
"I am sure we can achieve this target with the projects in the pipeline," Malalgoda told reporters in Colombo.
The 2018 FDI was the highest received in a single year, Malalgoda said
Out of 17 billion US dollars of FDI realized since the BOI was set up in 1978, 5.8 billion US dollars or 34 percent had come after 2015, she said.
Out of the 2018 total, 52 percent came from projects approved before 2015 and 48 percent after 2015.
On March 24, construction is to begin on an oil refinery in Mirijjawela, off Hambantota port, involving an investment of 3.85 billion US dollars, official said.
The FDI is expected to be realized over the next four years.
Mangala Yapa, technical advisor to the ministry of international trade and investment said Sri Lanka was now drawing industrial and service firms to the country, after building infrastructure earlier. (Colombo/Mar19/2019)
- https://economynext.com/Sri_Lanka_gets_US$2.37bn_in_FDI_in_2018;_targets_US$3bn_in_2019-3-13779-1.html
සියලු ඉදිකිරීම් ජනතා බදු මුදලිනි.කිසිදු පක්ෂයකට හෝ නායකයකුට හෝ අමාත්යවරයකුට හෝ මන්ත්රීවරයකුට ඒ සම්බන්ධව විශේෂ ගෞරවයක් පුද කල යුතු නොවේ.හෝ වරප්රසාදයක් හිමිවිය යුතු නැත!
ඕකටත් මහින්දගේ ෆොටෝ එකක් අල්ලන් ඉදියිද දන්නේ නෑ එහේ නූගත් සෙට් එක?
මම හරි උගතා...මම හරි සමතා...සිතනා මිනිසා...
මෝ.......
Oil tanks sapugaskande thiyanawa wage.
Tank farms of oil refineries in singapore.
- https://www.google.com/maps/@1.2785139,103.7120479,2982m/data=!3m1!1e3
සියලු ඉදිකිරීම් ජනතා බදු මුදලිනි.කිසිදු පක්ෂයකට හෝ නායකයකුට හෝ අමාත්යවරයකුට හෝ මන්ත්රීවරයකුට ඒ සම්බන්ධව විශේෂ ගෞරවයක් පුද කල යුතු නොවේ.හෝ වරප්රසාදයක් හිමිවිය යුතු නැත!
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