By Pabodha Hettige
The Sri Lanka Ports Authority (SLPA) will call for investor bidding to start port related industries in Trincomalee before the end of January 2012, an official said. However, so far, no dates had been finalized either for calling of applications or for their closure.
"The investment opportunities were to be advertised in mid November 2011, but was postponed due to unavoidable circumstances," Trinco Port Resident Manager J. A. Chandraratne said. He said that when selecting potential investors, priority would be given to those projects that could generate large incomes to the port and provide greater numbers of employment opportunities to the locals, residing in the vicinity.
A large number of investors could be attracted since an area of nearly 5,000 acres had been allocated for port related industries. Currently, the lands were being surveyed to set boundaries. The process would be completed before the end of this month, Chandrarthne said.
Most of the port development work would depend on the investors while the key infrastructural facilities would be provided by the government. Currently, a Holcim Cement plant is under construction there and a Prima products processing plant and an IOC bunkering facility are already functioning.
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