LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil rss rss rss rss rss
Sanga, only Sri Lankan player in the 2015 ICC world cup team | Australia won 2015 Cricket World Cup with a 7 wicket victory over New Zealand | Facebook to focus on three themes in 2015: Zuckerberg | Sri Lanka’s President Sirisena calls for a new thinking on Asian growth strategy | Sri Lanka to ease entry barriers for FDI: Ravi Karunanayake | Sri Lanka new rulers to get Chinese support | Sri Lanka sells $100mn of 5 year development bonds; rejects all bids at 2 and 3 years | Fitch affirms HSBC Sri Lanka branch at 'AAA(lka)'; outlook stable | Sri Lanka Freedom Party yet to decide a disciplinary action who participated pro-MR rally | Sri Lanka's President appoints a new law commission | Sri Lanka’s NDB-DFCC merger awaiting new regime’s go ahead | Ultra small computer by Intel; first look in Sri Lanka | Sri Lanka's micro-finance sector to access CRIB through a new regulation | Sri Lanka to get Chinese funded hospital for kidney patients; China to support SL on alleged human rights issues | Sri Lanka Siyapatha Finance PLC rated 'A(lka)' with a stable outlook : Rating agency | Sri Lanka’s AMW Capital Leasing and Finance upgraded to 'BBB+(lka)' : Fitch Ratings                                          
Mon, 30 March 2015 23:10:30
Sri Lanka $220mn sugar refinery by India's Shree Renuka Sugars
11 Nov, 2012 15:58:26
Nov 11, 2012 (LBO) - India's Shree Renuka Sugars has signed a 25-year agreement with Sri Lanka's ports agency to start building a 220 million US dollar at a new industrial port in Hambantota in the island's south.
The refinery to be operated by Lanka Sugar Refinery Company (Private) Limited, is among seven large industries approved to be built at the port.

The factory will have a capacity to process 2000 tonnes of raw sugar a day, which will be expanded to 3000 a day later, Sri Lanka Ports Authority said in a statement.

The company is expected employ between 1,500 to 2,000 people during its construction phase and 300 to 350 will be technical grades, SLPA asid.

The plant is expected to be completed in 24 months.

Your Comment
Your Name/Handle
Your Email (Your email will not be displayed)
Location
Country
Your Email
Receivers Email
Your Comment