Sri Lanka to Develop $1.5 Billion Logistics Hub in Trincomalee
Sri Lanka is set to establish a major logistics hub in Trincomalee’s Kappalthurai, targeting heavy industries and aiming to attract up to $1.5.
Sri Lanka is set to establish a major logistics hub in Trincomalee’s Kappalthurai, targeting heavy industries and aiming to attract up to $1.5.
Approximately 300 businesses have expressed interest in establishing operations within Sri Lanka’s Colombo Port City Special Economic Zone, with around 50 applications currently.
The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase.