The Cabinet meeting held on 2024-07-22 has approved the selection of a suitable investor to implement the Ranmini thenna National Telecine Park under the Design, Build, Finance, Operate and Maintain (DBFOM) model.
The Officers’ Committee chaired by the Prime Minister’s Secretary for the Review of Government-Owned Non-Commercial Institutions has also recommended inviting expressions of interest from local and foreign investors to implement the said cinema park in a suitable commercial model to increase its utility and revenue.
Accordingly, the Ranmihitenna National Telecine Park is scheduled to be implemented through private investment under the Design, Build, Finance, Operate and Maintain (DBFOM) model for a period of 30 years.