450 Ceylon Petroleum Corporation given to three foreign companies !

in blurtpak •  last year 

450 Ceylon Petroleum Corporation given to three foreign companies !


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Today Sri Lankan government granted the Cabinet approval to sell 450 CPC sheds to three companies . They were given under 20 years agreement. CPC was experiencing losses continuously due to mismanagement and corruption. When looking at the precent situation this action by the government seems to be like a good move. But Sri Lankan politicians brought this country to this situation where people positively look at privatisation. That's very unfortunate.

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