Category: Economy
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US$1.2bn in projects to start in 2026 in Sri Lanka’s Port City, $732mn awaiting nod
FINANCIAL CHRONICLE – Deputy Minister of Industries, Chathuranga Abeysinghe, announced that construction is anticipated to begin in 2025 for investments totaling 1.2 billion US dollars that have already received approval. Additionally, there are investment applications valued at 732 million US dollars awaiting approval. Abeysinghe informed parliament that the Port City has a pipeline of investments