UK MPs discuss matters on investments with Dr. Amunugama

Monday, 18 October 2010 20:32 - - {{hitsCtrl.values.hits}}

Addressing a delegation comprising Members of Parliament in the United Kingdom, Deputy Minister of Finance and Planning and Senior Advisor to the President Dr. Amunugama said that Sri Lanka was well positioned in its economic growth and reaching 8% growth rate as targeted.

The delegation consisted of Members in United Kingdom Parliament, namely, Stephen Hammond (Wimbledon), Emma Reynolds (Wolverhampton NE), David Amess (Southend West) and The Lord Sheikh (House of Lords, Westminster).

The Members of the UK Parliament had discussions with Dr. Amunugama matters pertaining to investments in Sri Lanka.

During the discussions Dr. Amunugama said that the central part of the country was covered with tea plantations and this sector was managed by British companies during the time the British Government reigned in this country some decades ago. “In order to keep up this industry, your countrymen were involved with large investments here. Therefore the investment rapport between your country and Sri Lanka is longstanding,” he added.

“The doors for investments in Sri Lanka are open and there could be no doubts for investors to commence business enterprises or projects since the war is now ended,” Dr. Amunugama explained.

“It is easy to transact with your country because both our communities mostly talk English. All the sectors in Sri Lanka including the hospital sector are progressing on a large scale. Another important fact is that most countries including India are eying Sri Lanka to invest in various business ventures. Sometime back we had trade negotiations with India and the Indian Government readily granted us Rs. 3 billion,” Dr. Amunugama said.

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