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Govt. eyes multi-billion dollar green hydrogen future

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The government has launched an ambitious drive to attract global investment into green hydrogen and green ammonia production, a move expected to reshape the country’s energy landscape, generate billions of dollars in foreign direct investment and establish the island as a strategic clean energy hub in the Indian Ocean.

In a significant development, the Government has extended the deadline for investors to submit Expressions of Interest under its Request for Information (RFI) process until June 19, 2026, reflecting growing international interest in Sri Lanka’s emerging green energy sector.

The initiative, spearheaded through the Board of Investment (BOI), in collaboration with key energy sector institutions, covers large-scale green hydrogen and ammonia production facilities, export terminals, storage infrastructure and the manufacture of hydrogen-related equipment.

Senior Government officials said the programme is closely aligned with Sri Lanka’s long-term economic transformation agenda and global commitments to low-carbon development.

“The world is undergoing a historic energy transition. Countries that position themselves early in the green hydrogen value chain will become major beneficiaries of future energy trade. Sri Lanka possesses exceptional renewable energy resources and a strategic maritime location that provides a strong foundation for such investments,” an energy sector official said.

Industry experts note that global demand for green hydrogen and ammonia is expected to increase dramatically over the next two decades as nations seek alternatives to fossil fuels in power generation, heavy industry, shipping and aviation.

Sri Lanka’s extensive wind resources, particularly in the Northern and North-Western regions, combined with abundant solar potential, place the country among the promising destinations for renewable-energy-based hydrogen production in Asia.

Officials said the projects could unlock substantial investments in solar and wind power generation, resulting in thousands of megawatts of new renewable energy capacity, while supporting national energy security objectives.

The proposed developments are expected to generate thousands of direct and indirect employment opportunities in engineering, information technology, logistics, construction, manufacturing and research sectors.

Economic analysts believe the initiative could provide Sri Lanka with a new export industry capable of earning significant foreign exchange revenues at a time when countries around the world are actively seeking reliable suppliers of green fuels.

“The global hydrogen economy is projected to become a multi-trillion-dollar industry. Even securing a small share of this market could bring transformative economic benefits to Sri Lanka,” a senior industry source observed.

Another major advantage lies in reducing the country’s dependence on imported fossil fuels and fertiliser-related inputs.

Experts say green ammonia, produced locally, could eventually support agricultural and industrial applications while helping reduce expenditure on imported products. Likewise, green hydrogen could emerge as an important energy carrier for future transport, industrial and power generation needs.

Officials further stressed that Sri Lanka’s strategic location, along one of the world’s busiest east-west shipping routes, offers an unparalleled opportunity to develop green fuel bunkering facilities for international vessels.

As the global maritime industry moves towards decarbonisation, ports capable of supplying low-carbon fuels are expected to gain considerable competitive advantages.

The BOI has assured prospective investors of investment facilitation services, infrastructure support, fiscal incentives and assistance with regulatory processes to accelerate project implementation.

Energy policymakers view the initiative as more than an investment promotion exercise. They see it as a pathway to modernising Sri Lanka’s industrial base, attracting advanced technologies, enhancing energy independence and strengthening long-term economic resilience.

Observers note that successful implementation could position Sri Lanka among the early movers in South Asia’s green hydrogen revolution, transforming the country from a net energy importer into a future exporter of clean energy products.

With global investors increasingly searching for stable locations to establish green energy projects, Sri Lanka is seeking to leverage its geographical advantages and renewable energy resources to secure a place in the rapidly evolving clean energy economy.

The coming months are expected to reveal the scale of investor interest in what could become one of the largest and most consequential energy developments in the nation’s history.

By Ifham Nizam



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More than 1,000 dengue cases reported in a day; 28 deaths so far

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Sri Lanka has recorded 1,069 dengue cases, within a 24-hour period, marking the first time daily infections have exceeded 1,000, according to Acting Director of the National Dengue Control Unit Dr. Kapila Kannangara.

The latest figures, recorded from 6 a.m. on Sunday to 6 a.m. yesterday (22), have pushed the total number of dengue cases, reported in the country this year, to 47,179, with 28 deaths.

Dr. Kannangara said that during periods when dengue was not at epidemic levels, Sri Lanka typically recorded between 150 and 200 cases a day.

However, with the country currently facing a high-risk situation, daily infections had recently increased to between 600 and 650 cases before reaching the latest record level.

Health authorities have expressed concern over the rapid rise in dengue infections and urged the public to take necessary precautions to prevent the spread of the disease, particularly by eliminating mosquito breeding sites.

Health authorities have warned that if the number of dengue patients continue to increase at the current rate, hospitals will be overwhelmed.

by Chaminda Silva

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Climate forum warns of threats to Lanka’s marine and amphibian biodiversity from El Niño, La Niña

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Co-Chairpersons of the Parliamentary Climate Forum Opposition Leader Sajith Premadasa and MP Prof. L.M. Abeywickrama at the meeting.

The Parliamentary Climate Forum has drawn attention to the growing challenges faced in protecting Sri Lanka’s marine biodiversity and amphibian ecosystems from the impacts of El Niño and La Niña climate phenomena.

The issue was discussed at a recent meeting of the forum held at Parliament, under the chairmanship of its co-chairpersons, Opposition Leader Sajith Premadasa and MP Prof. L.M. Abeywickrama.

Officials and experts attending the meeting highlighted the adverse effects of climate change, particularly El Niño conditions, on Sri Lanka’s marine ecosystems, coastal areas, biodiversity, and the livelihoods of coastal communities.

They pointed out that rising sea temperatures could lead to coral bleaching, changes in fish migration patterns, harmful algal blooms, the emergence of oxygen-depleted “dead zones”, and increased instability in aquatic ecosystems.

The forum was also informed of the threats posed by prolonged drought conditions, including falling river water levels and seawater intrusion into freshwater systems, which could affect drinking water supplies. The possible economic impact on the fisheries and tourism sectors due to these environmental changes was also discussed.

The meeting reviewed the role of key institutions, including the National Aquatic Resources Research and Development Agency (NARA), the Department of Wildlife Conservation, and the Marine Environment Protection Authority (MEPA), in safeguarding Sri Lanka’s marine resources.

The forum emphasised the need for stronger coordination among relevant agencies and called for measures to strengthen ocean monitoring systems, introduce ecosystem restoration programmes, promote science-based policy decisions, and develop an integrated national ocean management plan to address future climate challenges.

Attention was also focused on the vulnerability of amphibian species to climate change. Officials warned that changes in rainfall patterns, prolonged droughts, and rising temperatures could threaten the habitats, breeding cycles, and survival of amphibians, including frogs, thereby affecting the ecological balance of natural ecosystems.

The meeting was attended by Members of Parliament, officials from environmental agencies, researchers, and representatives of civil society organisations.

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Lanka engages UAE business leaders to promote Port City as South Asian gateway

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(Constructiononline) The Embassy of Sri Lanka in the United Arab Emirates and the Consulate General of Sri Lanka in Dubai and the Northern Emirates, in collaboration with Colombo Port City Economic Commission and CHEC Port City Colombo Pvt. Ltd., hosted Globalisation and the Sri Lankan Opportunity – From Recovery to Relevance: Sri Lanka’s Moment in the Evolving Global and Regional Economy, an invitation-only diplomatic and investment engagement at The Ritz-Carlton, Dubai International Financial Centre.

The forum brought together approximately 200 senior leaders from across UAE corporates and business chambers alongside Sri Lanka’s most senior diplomatic and investment representatives – among them senior executives from Sobha Realty, Binghatti, Oracle, Emirates Airlines, First Abu Dhabi Bank, JLL, Cushman & Wakefield, CBRE, IFS, Danube and Samana Developers – reflecting the depth of interest from the UAE’s leading industries in Sri Lanka’s evolving economic proposition.

Opening the forum, Prof. Arusha Cooray, Ambassador of Sri Lanka to the United Arab Emirates, set the tone for a morning of substantive dialogue, speaking to the depth and durability of the UAE–Sri Lanka partnership, one built on decades of trade, people, and shared economic ambition, and affirming Sri Lanka’s commitment to taking that relationship into a new chapter defined by what Sri Lanka can offer UAE businesses seeking to grow their presence across South Asia.

The keynote address was delivered by Ghanim Al Falasi, CEO of Falak Tayyeb Platinum and Senior Vice President/Director General’s Office for of Dubai Silicon Oasis (DSO), who drew on over a decade of senior leadership experience in the UAE’s innovation and technology ecosystem to frame the question of what South Asia’s emerging platforms offer to forward-looking UAE businesses. He noted that while Dubai provides global access to capital and logistics, Colombo offers strategic access to South Asia, and that together the two cities can function as complementary platforms serving different but mutually reinforcing roles in the regional economy.

Hanif Yusoof, Presidential Special Envoy for Foreign Investment of Sri Lanka, delivered strategic perspectives on Sri Lanka’s investment vision, underscoring the President and Government’s commitment to Port City Colombo as the flagship vehicle for the country’s long-term economic transformation. Yusoof positioned Sri Lanka firmly as a transformation story rather than a recovery story, emphasising that Sri Lanka today offers UAE businesses something rare in South Asia – a jurisdiction that combines regional proximity with genuine institutional credibility, anchored in a platform that is operational, investable, and ready. He invited UAE businesses to see Port City Colombo and Sri Lanka as a gateway to South Asia in the same way that Dubai serves as a gateway to the Middle East and North Africa, enabling businesses already established in the Gulf to expand their regional footprint without starting from scratch.

Harsha Amarasekera PC, Chairman of the Colombo Port City Economic Commission, provided a detailed overview of Port City Colombo’s current commercial momentum, the strong investment interest that has crystallised in the last 12-18 months resulting in significant visible progress. The Chairman emphasised that the project is designed as a complementary, supportive, and collaborative platform – one that offers UAE companies a footprint from which to expand into South Asia, rather than a competing proposition to the Gulf’s established business ecosystem.

Revan Wickramasuriya, Director General of the Commission, elaborated on the governance architecture underpinning Port City Colombo, highlighting the investor protection mechanisms, long-term tax incentives, and rules-based regulatory environment that distinguish the SEZ, noting that the framework was designed from inception to meet the expectations of internationally mobile capital.

The centrepiece of the forum was a moderated panel discussion that drew all these threads together, exploring the global reconfiguration of business operating models, the deepening relationship between the Gulf and South Asia, and Sri Lanka’s specific role within that emerging picture. Moderated by Kris Wadia, the panel featured experts in their respective industries – Aaron Russell-Davison, Skandan ‘Ramesh’ Mahalingam, Bapsy Dastur and Thulci Aluwihare – whose combined perspectives across international capital markets, legal and governance advisory, UAE business development, and real estate produced a substantive and wide-ranging conversation that resonated strongly with the audience.

With the aim of deepening investment ties in the Gulf region, the forum also marked the ceremonial onboarding of Mujtaba Shaikhani, Founder and Principal of MH Investments and Managing Director of Gulf O Flex, as a Strategic Partner and Director for GCC and Pakistan of CHEC Port City Colombo (Pvt) Ltd. With operations spanning the UAE, Saudi Arabia, and Sri Lanka, and recognised on the HVAC Power 30 list and as CEO of the Year by CBN Middle East.

The formal programme concluded with a vote of thanks delivered by Hon. Alexi Gunasekera, Consul General of Sri Lanka in Dubai and the Northern Emirates, who spoke to the significant potential he sees in UAE–Sri Lanka trade and his efforts to broaden interest across the Middle East and UAE in what Sri Lanka has to offer. He underscored that Sri Lanka had not come to Dubai to tell a story of the past, but to extend an invitation to be part of the story being written now – one in which UAE businesses and investors have a defining role to play.

Xiong Hongfeng, Managing Director of CHEC Port City Colombo (Pvt) Ltd, reflected on the significance of the forum for Port City Colombo’s regional outreach. “The interest we have seen at this forum from some of the UAE’s most significant businesses and investors is a reflection of what Port City Colombo represents: not just a development in Sri Lanka, but a platform for South Asia; one that offers the regulatory clarity, physical quality, and regional connectivity that globally mobile businesses and capital have been looking for.”

The forum marks a significant step in Sri Lanka’s structured engagement with the Gulf investment community, and reinforces Port City Colombo’s positioning as the institutional platform through which South Asia’s next chapter of growth becomes accessible to UAE businesses and investors. The event was the culmination of close coordination between the Consulate General of Sri Lanka to Dubai and the Northern Emirates and Port City Colombo, with the Consulate General’s office playing an instrumental role in ensuring the successful delivery of an engagement that reflected the depth and ambition of the bilateral relationship.

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