The Cabinet of Ministers has decided to call expressions of interest (EOI) to establish an export-oriented oil refinery and related product processing centre in Hambantota.
Speaking at the weekly cabinet briefing today (10) morning, Cabinet Spokesman Minister Bandula Gunawardena pointed out that various parties including foreign investors are showing interest in utilizing this investment opportunity.
Accordingly, Cabinet approval has been granted for the proposal presented by Minister of Power and Energy – Kanchana Wijesekera to issue notices calling EOIs in order to select a suitable investor for the establishment of the refinery and to receive detailed proposals from investors who meet the basic requirements.
