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"It is in the final stage awaiting cabinet approval."
A first call to investors drew over 800 million dollars of investments with firms ranging from cement manufacturing, sugar refining, plastics and warehousing coming in.
The Hambantota Port is positioned initially as an industrial port, and a bunkering hub.
Sri Lanka Ports Authority is also expected to begin bunkering from the port from around July after testing of its facilities are completed.
The port is built with Chinese financing and has space for container handling expansion in its third stage.
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