Sri Lanka hopes to issue first divestment RFP within a week

Sri Lanka plans to issue to first request for proposal to divest government companies within a week, Director General of State Enterprises Reform Unit, Suresh Shah said.

Sri Lanka has a two-stage bidding process where expressions of interest is called, and qualified investors are given request for proposal documents to make financial bids for SOEs.

Lanka Hospitals, Hotel Developers and Canwill Holdings RFP issuance process is in advanced stages, Shah said.

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