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* Japan expresses interest in investing in Sri Lanka in several sectors
Tue, Jan 14, 2020, 12:49 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 14, Colombo: Measures will be taken to further strengthen long-standing bilateral relations between Japan and Sri Lanka, Japanese State Minister for Regional Revitalization Kozo Yamamoto said, when he called on President Gotabaya Rajapaksa Monday at the Presidential Secretariat.

The Japanese State Minister noted that Sri Lanka is secured and stable under the current government and the economy is also progressing. In this context, a conducive investment environment had been created in Sri Lanka for the Japanese investors, he added.

As a country that has mastered on industries such as security and development of high quality infrastructure among many other fields, Japan has a lot to offer to Sri Lanka, he further said.

President Rajapaksa explained that the growth rate of Sri Lanka which was around seven percent in 2014 had since declined and the greatest challenge before him is to recover the economic growth.

President also requested the Minister Yamamoto to invest in high tech assembly plants in Sri Lanka.

Minister Yamamoto responded positively and promised to promote Sri Lanka with the Japanese business community.

 

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