India Looking forward to invest on Trincomalee Oil farms and renewable energy

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Over USS2 billion investments from India is envisaged within the next three to four years, said Indian Minister for State Commerce and Industry of India. She said that these investments would be in oil farms in Trincomalee, renewable energy, infrastructure and in other new areas of business.

Indian and Sri Lankan relations are now at its best and there are more investors who want to invest in Sri Lanka. They are looking for more opportunities here, she emphasized. She further stated that the Indian Petroleum Corporation together with Lanka Indian Oil Corporation would invest in the Trincomalee oil tank farm.

~NEWS~


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