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Sri Lanka proving to be brightest state in Asia – Move Channel

Dec 9, 2010 11:13:02 AM - itnnews.lk

There can be no denying Asia is the place to secure escalating capital and income returns with Sri Lanka proving to be the brightest star. This is reported by the Move Channel.

In a report it said that with property markets in the US, Europe and the Middle East suffering an unprecedented crash and financial markets are in a state of flux, it is understandable that investors consider secure investments enabling recovery of losses and ongoing high yields a distant memory. It said the East is continuing to flourish beyond all expectations. It would be difficult to find a more beautiful location than Sri Lanka, from an investment viewpoint. The deciding factor must always be just how attractive is the investment? This is where Sri Lanka and in particular the Eastern Province can really have no equal’. Sri Lanka’s stable demographically elected Government lead by its far sighted President Rajapaksa has taken the inspired decision to create the most progressive and attractive economic environment and incentives specifically designed to encourage both corporate and individual foreign investment. Investors can be assured that their investment is secure.

The Eastern Province alone has been the recipient of more than one Billion US Dollars of foreign investment over the last three years to support the Governments comprehensive infrastructure, social and economic long term plans. With more eye watering amounts of foreign investment continuing to pour in, the region is already striding towards the brightest of futures.