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Green light for establishment of new investment zones

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The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Investment Promotion to develop the undermentioned  investment zones based on an appropriate public-private partnership model.

a. Establishment of new Investment Zones in Northern, Eastern, Northwestern and Southern Provinces.
b. Establishment of New Investment Zones in Mankulam, Paranthan Chemicals Company Premises and Kankasanthurai Cement Corporation Premises
c. Establishment of new Investment Zones in Iranawila and Trincomalee
d. Expansion of Bingiriya and Hambantota Investment Zones

The Asian Development Bank has agreed to provide the necessary technical assistance for the establishment of a proposed economic zone.

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