One-stop service center launched in Hambantota port to support investors

(FASTNEWS|COLOMBO) – Sri Lanka’s state-owned Board of Investments (BOI) opened a one-stop service center at the Hambantota International Port, in southern Sri Lanka, on Saturday evening to attract investors from the global port industry to invest in the island’s south.

The new center was set up as a joint venture between the BOI and the Hambantota International Port Group Private Limited (HIPG) which is a joint venture company formed between the Sri Lankan government and China Merchants Port Holdings (CM Port).

CM Port entered into a partnership with the Sri Lanka Ports Authority in 2017 to develop and manage the port.

Following the launch of the new center on Saturday, the BOI said it will play the role of facilitator to provide all information about Sri Lanka’s investment policies to those interested in investing in Hambantota to improve Sri Lanka’s ranking in the World Bank’s Ease of Doing Business Index.

The BOI said the Hambantota Port was targeting port-related investments within the 3.5 square km area allocated for the Hambantota Port’s development.