Five Indian firms among six prequalified for Sri Lanka’s Canwill Holdings RFP

Five Indian firms are among six bidders prequalified for the Request for Proposal (RFP) stage, the State-Owned Enterprises Restructuring Unit (SOERU) said on Wednesday.

The SOERU called for expressions of interest in October last year from investors to divest Canwill Holdings, which owns almost a completed building for a hotel in the capital Colombo.

The SOERU in a statement said the EOI received were evaluated in accordance with the terms and conditions set out in the Request for Expressions of Interest in compliance with the Special Guidelines on Divestiture of State-Owned Enterprises approved by the Cabinet of Ministers in July 2023.

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