‘Smart One Stop Shop’ to attract investments to Hambantota Port

‘Smart One Stop Shop’ to attract investments to Hambantota Port

The Cabinet of Ministers has approved the proposal presented by Minister of Industries to set up a 'Smart One Stop Shop' comprising the representatives of all relevant institutions to enable local and foreign investors interested in investing in industrial zones associated with Hambantota Port and Industries in the Southern Province.

Provisions of the Industrial Promotion Act No. 46 of 1991 provide for the establishment of Industrial Zones / Science Parks and the provision of facilities thereon. Measures had been taken to establish several industrial zones in the Southern Province in connection with the recent infrastructure development.

Accordingly, the Cabinet of Ministers has approved the proposal to set up a 'Smart One Stop Shop' comprising the representatives of all relevant institutions to enable local and foreign investors interested in investing in these industrial zones to obtain the necessary approvals and facilities in one place and to monitor the activities of that office by the Southern Provincial Regional Industrial Center under the direct supervision of the Ministry of Industries.