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Trinco Port City to be made heavy industrial hub

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There is an extent of 2,000 acres of land available for the development of these mega industries and the government intends to make Trincomalee a hub for top-heavy industries, top official sources told the Daily News Business yesterday. “We hope to have a PPP for this and the total investment would be around USD 175 million.”

The Master Plan prepared by the Sri Lanka Ports Authority has focused on having maximum industries in the Trincomalee Port so that the provision of Port services could enable the port to run at a profit. The Trincomalee Port Development plan is prepared considering the national and international requirement as a hub port in the Bay of Bengal rim region which has a great future with the rapid expansion of economies of Bangladesh, East Coast of India, Myanmar and Sri Lanka. Port of Trincomalee shall be developed to play a major role in this unique economic region considering its locational advantage, deep water port facilities, large hinterland for establishing industries and accompanied with quick land connection to Port of Colombo, with the expansion of expressway network.

The Port of Trincomalee is vested space for industrial developments with the possibility of connecting rail and road. The potential for development of Northern, Eastern and North-central Provinces is entirely dependent on the rapid development of port services of the Port of Trincomalee. For uplifting the economy of the said provinces attracting port-related investments centring the Port of Trincomalee. Port of Trincomalee, if properly developed, can be the catalyst for regional development.

The Port of Trincomalee development plan is prepared considering the national and international requirement as a hub port in the Bay of Bengal rim region which has a great future with the rapid expansion of economies of Bangladesh, East Coast of India, Myanmar and Sri Lanka.

Port of Trincomalee shall be developed to play a major role in this unique economic region considering its locational advantage, deep water port facilities, large hinterland for establishing industries and accompanied with quick land connection to Port of Colombo, with the expansion of expressway network.

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