Thailand’s Rojana Industrial Park Public Company Ltd will be investing US$ 500 million in the first and second phase of an Export Processing Zone in Milleniya, near Kalutara.
Some 400 acres of state-owned land will be utilized for the initial phase of the project while the whole zone will require 1000 acres of land. The zone which can typically take three and a half years to be fully operational, will be completed by December 2018, according to State Minister of International Trade Sujeewa Senasinghe who spoke at a media briefing held at the Board of Investment (BOI) Auditorium in Colombo on Monday.
The Minister also stated that the Sri Lankan government will be spending Rs. 3.5 billion on infrastructure to the zone. Officials from the Thailand company and BOI were also present at the media briefing. (Raj)
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
In its first electoral test since taking power, the ruling National People’s Power (NPP) fell short of expectations, winning only around 40 % of the national vote in Tuesday’s local government election and falling short of enough seats to gain control of the majority of councils.
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