Bill would not discourage foreign investments – Sirisena

Tuesday, 8 November 2011 01:18 - - {{hitsCtrl.values.hits}}

Sri Lanka Freedom Party (SLFP) yesterday said that foreign investments to the country would not be discouraged by the proposed controversial bill ‘Revival of Underperforming and Underutilized Assets’.

SLFP General Secretary and Health Minister Maithripala Sirisena issuing a release said that the proposed piece of legislation would in fact revive enterprises that are incurring losses.

He has noted that parties were objecting to the bill without a proper understanding of its content.

He has denied any political vengeance in introducing the bill, as some opposition political parties have claimed that the bill was aimed at politically victimizing businessmen.

Sirisena has observed the government would put in place a programme to create awareness among the business community and the general public about the bill.