Saturday, June 13, 2009

Moves under way to attract foreign investment for N-E: Foreigners eager to invest here - Minister

Information and Media and Enterprise Development and Investment Promotion Minister Anura Priyadharshana Yapa told Parliament yesterday that the Government has prepared blueprints to attract massive foreign investment to develop the Northern and Eastern provinces under the Uthuru Vasanthaya and Negenahira Udanaya programs.

Foreign investors have shown a keen interest to invest in Sri Lanka due to moves taken by the Government to defeat terrorism and achieve lasting peace, he said.

The Minister speaking at the Debate on the Board of Investment of Sri Lanka (Amendment) Bill, said the Government through the BoI has made arrangements to create more investment opportunities to the foreign investors who are willing to invest here.

"The Government has also provided an opportunity to invest in the country's education sector as well," Minister Yapa said. Read more ...

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