As Sri Lanka approaches the completion of its debt restructuring process, optimism is rising for the resumption of long-stalled development initiatives. Eleven Japanese-funded projects, previously halted due to the country’s economic and political turmoil, are set to restart. Economists stress that while ongoing projects will be reinstated, any new ventures will depend on Sri Lanka’s
Ceylon Energy, in collaboration with HJT China, proudly announces the successful completion of the Maho and Ampara 33kV power distribution lines. This achievement is a significant milestone within the Supporting Electricity Supply Reliability Improvement Project (SESRIP), a transformative initiative aimed at enhancing energy distribution across Sri Lanka. The SESRIP addresses the energy needs of some
The Hambantota International Port (HIP) has achieved significant milestones in 2024, with a 40 percent increase in volumes to date. The port’s Commercial and Marketing division forecasts that growth will reach 50 percent by the end of the year. Lance Zuo, General Manager of Commercial and Marketing at Hambantota International Port Group (HIPG), attributes this