Dr Sarath Obeysekera

Please find response from EX Indian CEO of Lanka IOC  Indian oil company in Trinco 

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Beautifully articulated. Temples and schools are important but less capital intensive and hence easier to manage. For major investment like developing Trincomalee and to have India involved in it, Govt to Govt push is a must . Srilanka should strongly pitch. I would personally think that the experts in Sri lanka themselves or with the external consultants should prepare a master plan of developing the Trincomalee and start implementing in phases. I am sure there will be large number of investors, as you also have stated, will be available In order to attract more investors, it is neccessary that the the investors are assured of viability and guarantee of the return of their investment. SriLanka need to work on how to make it happen. India being a neighbour, its involvement is very essential but certainly a country cannot keep waiting for something to happen particularly in the area of energy and energy security. I recall, India in early 1960’s built its first refinery with the technology from the then USSR and all material supplied by them and paid by India in INR.Such an approcah is good but today we have many investors around the world including India and that need to be explored.

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