|
BOI, leading investment facilitator:
Foreign investment to flourish
Foreign investors have shown added enthusiasm to come and invest in
Sri Lanka following the naming of the BOI by the World Bank Investment
Advisory Council as the leading institution providing the most appealing
investment facilities in South Asia, said the Enterprise Development and
Investment Promotion Ministry in a communique issued yesterday.
|
Enterprise Development, Investment Promotion, Media and
Information Minister Anura Priyadarshana Yapa in
conversation with Korean Ambassador Choi Ki Chul when the
latter called on the Minister at his Ministry on Wednesday. |
Several groups of investors from the Republic of Korea are due to
visit the island next month and January next year to consider investing
in industries.
This was revealed by Korean Ambassador Choi Ki Chul when he met
Enterprise Development and Investment Promotion and Media and
Information Minister Anura Priyadarshana Yapa at his Ministry on
Wednesday to discuss the provision of infrastructure facilities to the
visiting investors.
Ambassador Chul said the visiting investors were involved in various
fields including highways development, atomic energy, solar power
generation, information technology, agricultural development, production
of medical equipment and waste management.
The Korean government had launched a US$ 500 million fund to assist
investment projects in Sri Lanka and it hoped to increase it to US$
1,500 million in two stages.
Minister Anura Priyadarshana Yapa said the construction work on the
Korean funded Matara Hospital extension project and Kalutara and Jaffna
Vocational Training Centre projects were progressing.
Sri Lanka was pursuing the possibility of launching a ship building
project as a joint venture with Korea. The Minister said he would summon
relevant institutions for a meeting to solve problems and issues
confronting Korean investors in Sri Lanka.
|
