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Opportunity for Sri Lanka as China’s labour costs rise

Sep 27, 2010 8:00:00 PM - aussieindolanka.com
Rising labour costs in China present an opportunity for Sri Lanka to attract foreign companies seeking an alternative low-cost manufacturing base, President Mahinda Rajapaksa said in an interview with The Wall Street Journal published on September 22, 2010. President Rajapaksa, in New York for the United Nations General Assembly, told the newspaper that Sri Lanka has enjoyed a 15-month period of peace during which his Government has focused on rebuilding roadways and railroads in the ravaged North and East, expanding the availability of electricity and clean water, and providing homes, among other things.   Read more:www.dailynews.lk/2010/09/28/news02.asp