2500 Chinese Companies Looking To Invest In Sri Lanka - CB Governor

November 21, 2016

Central Bank Governor Indrajit Coomaraswamy states that Sri Lanka can attract upto 2500 Chinese companies looking to invest abroad if the island can create an enabling environment.

China have said they can bring somewhere between 2,000 and 2,500 companies if we are able to absorb it,” he said.

He pointed out Sri Lanka had good government-to-government relations with capital surplus countries in the East like China, Japan, Korea and Singapore, which could be used to draw foreign direct investment.

Mr. Coomaraswamy further said Sri Lanka could not ‘sit back’ and expect the investments, but had to create an enabling environment by improving customs procedures, logistics and land.