Ranil says Sri Lanka needs investments from China

He said the China had earlier invited investors to their country by granting concessions and the country saw rapid development. Prime Minister Ranil Wickremesinghe says Sri Lanka needs investments from China and so it has invited investors to come to the country.The Prime Minister’s office quoted the Prime Minister as saying that earlier Sri Lanka had sent investors to China but now Chinese investors are willing to come to Sri Lanka. He also said that Sri Lanka is working on several deals to increase exports and there should not be objections to those initiatives.“Investors are willing to come here because of the political stability,” he said.The Prime Minister urged all Sri Lankans to support the Government and its policy to open the country to more foreign investments. (Colombo Gazette) The opposition has been raising concerns over some of the foreign investment projects in Sri Lanka.The Prime Minister said that such projects will open employment opportunities for the youth in Sri Lanka. The Prime Minister noted that even countries like India and Vietnam had developed by inviting foreign investors. read more