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Colombo’s Trade Boom: Adani-Led West International Terminal Expansion Ahead of Schedule

Sri Lanka is making waves in the regional shipping industry as the Colombo West International Terminal (CWIT), developed by Adani Ports and SEZ Ltd., John Keells Holdings (JKH), and the Sri Lanka Ports Authority (SLPA), is set to double its handling capacity ahead of schedule. This landmark achievement underscores Colombo’s ambition to position itself as […]

September 17, 2025

By SLDirectory

Hambantota Refinery: Sinopec’s $3.7 Billion Push for Energy Independence

Sri Lanka is preparing for one of the largest-ever foreign direct investments in its history, with China’s Sinopec Group moving forward on a US$3.7 billion oil refinery project in Hambantota. This mega-project comes at a time when Sri Lanka is seeking to secure energy independence and reduce reliance on volatile global fuel markets. Project Scope […]

September 17, 2025

By SLDirectory

Sri Lanka Aims for 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka is setting ambitious economic goals, targeting 6% GDP growth by 2026. This projection is supported by a record capital expenditure of 1.4 trillion rupees (approximately $4.64 billion) allocated for infrastructure development and investment. However, the outlook for 2025 appears more modest, with growth expectations ranging between 4% and 4.5%, primarily due to delays […]

September 16, 2025

By SLDirectory

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