Australia’s United Petroleum Pvt. Ltd. is set to begin operations in Sri Lanka on August 28 under the banner of United Petroleum Lanka. The company’s Operations Manager announced that the fuel ships have arrived and are in the process of unloading. The company plans to kick off fuel distribution through 20 filling stations initially operating
The completion of the Bingiriya Investment Zone is projected to generate $2.6 billion in export income and create 75,000 job opportunities, stated President Ranil Wickremesinghe during the inauguration ceremony of the second and third phases of the Export Processing Zone in Bingiriya. He emphasized ongoing efforts to establish new investment zones to further bolster the
COLOMBO, Sri Lanka – The Board of Investment (BOI) has achieved a remarkable feat, surpassing its annual investment target of $1 billion within the first three months of 2024. This achievement was announced by State Minister for Investment Promotion Dilum Amunugama during a meeting with investors who signed agreements with the BOI in Q1. The