June 02, 2022 9:01 am
The proposal to develop an industrial harbour in Trincomalee is a long-standing plan to monetise land that belongs to the Sri Lanka Port Authority, by getting foreign and local investment for a special economic zone, an industrial park, or an energy hub.
January 07, 2022 4:00 am
🔴 The Sri Lankan government said after reviewing the three existing agreements regarding the strategic Trincomalee oil tank complex, the two sides have reached an agreement to implement a joint development project.
January 03, 2022 9:46 am
🔴 While the two sides will jointly refurbish 61 of the 99 tanks at the farm, 24 will be developed by CPC and 14 by LIOC. This arrangement is for the next 50 years.
March 13, 2015 3:09 pm
India to help Sri Lanka develop its Trincomalee town as a regional petroleum hub, as IndianOil Corp and Ceylon Petroleum Corporation reached a joint-development.
July 29, 2009 7:07 pm
India is providing Sri Lanka assistance worth Rs 27 million in implementing a rail bus project to connect the Tamil-dominated areas of Batiicaloa and Trincomalee in the eastern part of the country.