Proposals

Dec 04, 2011 (LBO) - Sri Lanka Ports Authority will invite more port related industries at Hambantota in the island's south this month, after a first round brought a billion dollars of investments, chairman Priyath Bandu Wickrema said.



The RFP will be open and investors could propose virtually any industry including manufacturing, assembly, packing and storage, he said.

"We took a decision to go ahead with the second RFP (request for proposals)," Wickrema said.

"Most probably during this month we will call.

"

In a first round of RFPs four industries with nearly 800 million dollars worth of investments have already been given state approval. Ten more are the process of being approved which may amount to about 200 million dollars, Wickrema said.

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Hambantota is positioned as an industrial port and bunkering point.

But around than 15 new investors had submitted proposals after the first RFP had closed, Wickrema said.

"To accommodate those investors we are going ahead with the second RFP."