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* Ruhunu Development Zone opens tomorrow - Minister
Fri, Jan 6, 2017, 11:51 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 06, Colombo: The Ruhunu Development Zone will be opened on 7th January, said Minister of Development Strategies and International Trade Malik Samarawickrema.

Addressing a press conference yesterday at the Finance Ministry, the Minister plans are afoot to establish factories in the Ruhunu Development Zone and the final product will be exported thereby earning the necessary foreign exchange. Already a positive response has been received by a Chinese company, according to Minister Samarawickrema.

The economic zone, which is to be set up in 15,000 acres connecting four districts, will be acquiring only five percent of private land. All the private lands will be acquired with the permission of the people and they will be sufficiently compensated, the minister said.

Speaking about the Hambantota Port, the minister added that the Memorandum of Understanding in this regard will be signed with the Chinese company within the next two weeks.

A committee headed by Minister Sarath Amunugama has also been appointed to discuss regarding the signing of the MoU. Ministers Ravi Karunanayake, Arjuna Ranatunga, Sagala Ratnayake, Nimal Siripala De Silva and Malik Samarawickrema are the other members of the committee.

 


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