Hambantota
which is
an
industrial
port,
will be
a free
port
with no
tax
involvements,
stated
Sri
Lanka
Ports
Authority
(SLPA)
Chairman,
Dr.
Priyath
B.
Wickrama
to Daily
News.
Users
are free
to use
the port
for
loading,
value
addition
and
distribution
without
any
taxes.
“Our
target
is to
start
cargo
handling
operations
before
the end
of this
year
with the
expected
investments
in
place”,
the
Chairman
further
said.
“The
free
port
concept
will
enable
the port
users to
operate
without
additional
charges
other
than
port
handling
and rent
or lease
charges,”
he
added.
“The
Hambantota
Port
could
meet the
revenue
target
by
attracting
10
percent
of the
ships
passing
the
port.
Therefore,
special
emphasis
is paid
to the
facilities
offered
by the
port to
make it
of high
standard
and
quality,
said the
Chairman.
The
Phase
One of
Hambantota
Port
will be
completed
by end
of
October
one year
ahead of
schedule.
It is
expected
to
generate
5,000
direct
and
50,000
indirect
job
opportunities.
The
Government
is
planning
to set
up a
Free
Trade
Zone
between
Hambantota
port and
Weerawila
airport.
This
will
also
generate
many
employment
opportunities.
The
SLPA has
started
its own
training
programmes
with the
assistance
of the
NAITA
and
other
technical
colleges
in the
area.
The
project
committee
formed
two
months
back
will
complete
the
Request
for
Proposal
(RFP)
process
and
finalize
the
investor
profile
for the
investment
opportunities
created
by the
Hambantota
Port
development
activities
within a
month.
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