Mahindra keen to set up economic zone here
MAHINDRA and Mahindra one of India's leading
enterprises has requested them to provide a separate area to have an
Indian economic zone in Sri Lanka. Minister of Investment Promotion
and Enterprise Development Rohitha Bogollagama who met officials of
the Mahindra Group in New Delhi last week said that the group is
very keen to invest in Sri Lanka.
US allocates Rs 6b for regional infrastructure
THE US Government has allocated Rs. 6 billion to
develop regional infrastructure facilities in Sri Lanka. In addition
it would also promote employment-generating opportunities in the
country. Deputy Minister of Finance and Planning Ranjith
Siyambalapitiya said, it is proposed to receive this as a grant from
the Millennium Development Fund.