RM Parks Inc. enters fuel market with $ 110 mn investment

California-based US fuel distribution company, RM Parks Inc. California-based US fuel distribution company inked an agreement with the Board of Investment (BOI) to serve the local petroleum sector with a US$ 110 million investment.

RM Parks Inc. will enter Sri Lanka’s fuel retail market in collaboration with Shell Plc. 

RM Parks Inc. and Shell Plc will operate 200 fuel stations and provide services of mini-supermarkets with EV charging facilities.