Minister of Ports and Shipping Nimal Siripala de Silva says the Hambantota Port is not profitable yet.
Speaking to media after an observational tour of the Hambantota Port today, Minister de Silva said the government is keen on generating profits through the port.
The Minister said operations of the Hambantota Port, despite privatisation, are being carried out by the Sri Lanka Ports Authority, adding that a miniscule income is generated.
However, Minister de Silva noted that discussions were held today in length pertaining to generating an income including the various difficulties faced by employees.
The Minister stated that 500 acres has been made available for various industrial zones and foreign investments claiming that efforts are underway to increase investors around the port.