Category: Sri Lanka News
Colombo Port City costs USD 900 Million for 243 Acres
The Colombo Port City projects have incurred more cost USD 900 Million for to develop 243 Acres. The project was proposed on USD 700 Million for 500 acres in three years ago. The China Harbour Engineering Company has been offered 14% of the 243 Acres land on long lease at an investment (99 Years) of…
Hydropower Electricity in Srilanka
The Hydropower is one of the main sources of Electricity component to the Ceylon Electricity Board, and the Hydropower industries were attractive due to the Natural Waterfalls and the River banks in Srilanka.
Trinco Port areas open for Investment
The Government of Srilanka have allocate more than 400 acres of land at the Trincomalee port is available to the private sector for investment projects. Srilankan, Indian, Singaporean and Swiss companies have already made offers for a range of investment of USD 2,518 Million. Most of them are is in Cement Plants, Ship repairs and…
Renuka Agri Food PLC is in Coconut Water Beverages Business
The Renuka Agri Food PLC made an announcement to Colombo Stock Exchange; the company has started its Manufacturing and Packing of Aseptic retail pack of Coconut Water and other beverages. The company has commissioned the tetra pack machine on 9th July 2012.
Condominium Apartment in Kotahena (Colombo 13)
The CT Properties Limited (Subsidiary of CT Holdings PLC) has entered into a Joint Venture agreement with Edmonton Pte Ltd Singapore to engage in property development in Srilanka. The Joint Venture would develop the company’s 1.25 Acre Property located at George R De Silva Mawatha, Colombo 13 into a high end Residential Condominium at a…