Part of port land up for sale
Sri Lanka would sell four plots of land at the Colombo Port City to an investor for the establishment of a facility for bunkering, a minister told journalists on Saturday.
Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva said that they have also called for expressions of interest to start an aviation fuel storage facility. The Minister said that providing fuel for ships and aircrafts can play a big role in developing Sri Lanka’s economy. Port City can bring in over five billion U.S. dollars as Foreign Direct Investments (FDI) in the first five years of operations, he said. The government will soon gazette laws that govern the Port City, he said.