Tuesday, 30th September 2014

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Business

Deputy  Investment PromotionMinster Faizer Musthapha addressing the diplomats of Middle East countries at the Ministry yesterday. Picture by Sumanachandra Ariyawansa
Several Middle –East companies are willing to invest in Sri Lanka due to the country's on going development activities Deputy Minster of Investment Promotion Faizer Musthapha said. “The Ambassadors of the Middle Eastern counties have offered to assist the Ministry of Investment Promotions to identify potential areas to attract foreign direct investments for their respective countries, which is a good move for the country,” Mustapha told the media when he met and held a discussion on foreign direct interments from the Middle East. He said that Middle East is interested in several sectors...
Investment Promotion Minister Lakshman Yapa Abeywardena at the forum in Jaffna.
The Board of Investments (BOI) Jaffna Regional Office was initiated in 2010 to see through investment facets in the line of developing infrastructure and industries in Jaffna, Mannar, Kilinochchi, Mullaitivu and Vavuniya. An investor forum took place yesterday at the Jaffna District Secretariat where representatives from a number of companies and local businesses were present to network and share their views and issues with relevant authorities and BOI representatives. "Within the past four years, the government had taken initiative to drive forth much needed development to the Northern...