Thu, 20 Jan 2022 Today's Paper

PM asks Russian billionaire to consider investments in Port City, Hambantota Port

18 March 2021 07:15 am - 8     - {{hitsCtrl.values.hits}}

A A A

Prime Minister Mahinda Rajapaksa who held discussions yesterday with Russian billionaire Andrey Igorevich Melnichenko, who is presently in Sri Lanka, has requested the Russian tycoon to consider investments here especially in the Colombo Port City and the Hambantota Port, the Daily Mirror learns.

In closed door discussions which took place yesterday, which was also attended by Minister Ajith Nivard Cabraal, Prime Minister Rajapaksa requested Melnichenko to consider Sri Lanka for possible investments to which the Russian tycoon said he would send a team to Sri Lanka soon to study the possibility.

The Russian tycoon,whose net worth is US 17.9 billion dollars,owns companies which specialise in coal,fertilizer,logistics, and electricity.his companies have employed over 100,000 people and have invested some 21 billion US dollars into fertilizer and coal production over the past 15 years.

The Daily Mirror learns that Melnichenko arrived in Sri Lanka two weeks ago,and his purpose of visit was purely for tourism and not for investment possibilities. He arrived in the country with his wife and two children,on a private jet and has toured many tourist locations in the country including Adams Peak. He celebrated his birthday in the country on March 8. Upon his arrival to Colombo city yesterday,the Russian tycoon met Prime Minister Rajapaksa and has said he will look into the possibility of investments here,on the Prime Minister’s request.he has no investments in Asia.

He later visited the Colombo Port City and was briefed on its construction progress and future developments.

As of March 2021, the Russian industrialist was ranked 95th in the Forbes world’s billionaires list, and 7th richest in Russia. Melnichenko owns the world’s largest private sail assisted motor yacht named ‘A’ which is estimated at 400 million US dollars.(JAMILA HUSAIN)

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 8

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  • Nagaraja Anbalagan Thursday, 18 March 2021 08:50 AM

    Now Hambantota port has gone to China, Trincomalee port could be sold to Russia.

    FF Thursday, 18 March 2021 09:04 AM

    WHY IS IT THAT SRI LANKA WANT TO TRADE IN THEIR ASSETS???? CANT THEY ASK THOSE PEOPLE TO INVEST IN DEVELOPING OTHER PROJECTS

    Tax Chief Thursday, 18 March 2021 09:14 AM

    Who is the 10 or 15% commission collector?

    Janaka Saliya Thursday, 18 March 2021 09:49 AM

    Basically, the PM being a glorified tout.

    Lion Thursday, 18 March 2021 09:56 AM

    Before investing keep a cut for me and my family since it was a tradition .

    Sam Silva Thursday, 18 March 2021 05:10 PM

    Do we really need another port city in Hambantota ??

    Loku Friday, 19 March 2021 12:01 AM

    These guys are more dangerous than the small eyed alians they will poison us if they don't get what they want

    sympathizer Friday, 19 March 2021 08:55 AM

    Love from Russia


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.