Oil refinery, processing centre for Hambantota

The government has decided to establish an export-oriented oil refinery and related products processing centre in Hambantota area. Cabinet Spokesman and Mass Media Minister Dr. Bandula Gunawardena

 said that it has been recognized that a high potential is available to establish an export- oriented oil refinery and related products processing centre in Hambantota area.

Numerous parties and foreign investors are interested in utilizing the said investment opportunity.

Therefore, the Cabinet of Ministers granted approval to the proposal furnished by the Electricity and Power Minister for declarations of intent for selecting an appropriate investor for establishing an oil refinery in Hambantota and to call for detailed proposals from investors who meet fundamental qualifications.