SL cancels $ 24 b Hambantota oil refinery project

Wednesday, 16 August 2023 09:51 -     - {{hitsCtrl.values.hits}}

In a decisive move, the Cabinet of Ministers approved the termination of what was once described as the ‘largest-ever foreign direct investment agreement between the Board of Investment (BOI) and Hambantota Oil Refinery after years of protracted inaction to fulfil the stipulations of the contract. 

 

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