Sri Lanka to call RFP for value addition, upgrading of some SOEs

Sri Lanka will call request for proposal (RFP) for either value addition or upgrading of some key state-owned enterprises, Industries Minister Ramesh Pathirana said, as the island nation is struggling to come out of an unprecedented economic crisis.

“We are expecting to call request for proposal for the mineral sand value addition, Lanka Cement Company, upgrading of Valachchenai Paper Corporation, Paranthan Chemicals and Kahatagaha Graphite,” Pathirana told reporters at a media briefing in Colombo on Friday.

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