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Singaporeans invited to invest in Sri Lanka

Jun 7, 2010 7:43:01 AM - itnnews.lk

Minister Prof. G.L. Peiris has held discussions with Minister of Foreign Affairs in Singapore George Yeo.

The External Affairs Minister briefed the Singaporean Minister on the investment opportunities available in Sri Lanka in the current scenario. He invited Singaporean companies to launch joint ventures and requested the Building Construction Authority of Singapore to set up a Construction Workers School in Sri Lanka. The Minister called for Singaporean investment in the tourism sector as well informing that year 2011 has been declared as ‘Visit Sri Lanka Year’.

The Singaporean Foreign Minister agreed to give priority to closer cooperation with Sri Lanka in the Information Technology sector. A major business delegation from Singapore will be visiting Sri Lanka next month. Singapore has also agreed to train personnel in the medical, construction and IT sectors. Prof. Peiris was accompanied by Sri Lanka’s High Commissioner in Singapore Jayathri Samarakone.