Japan interested in investing in Sri Lanka in several sectors

COLOMBO (The Island/ANN) – Japanese State Minister for Regional Revitalisation Kozo Yamamoto says a conducive investment environment had been created in Sri Lanka for the Japanese investors under the current government.

Measures would be taken to further strengthen long-standing bilateral relations between Japan and Sri Lanka, Japanese State Minister for Regional Revitalization Kozo Yamamoto said when he paid a courtesy call on President Gotabaya Rajapaksa at the Presidential Secretariat yesterday (13).

Sri Lanka is now stable under the current government and the economy is also progressing.

Therefore, a conducive investment environment had been created in Sri Lanka for the Japanese investors, the State Minister added.

As a country that has mastered on industries such as security and development of high quality infrastructure among many other fields, Japan has a lot to offer to Sri Lanka, Yamamoto further said.

President Rajapaksa said that the growth rate of Sri Lanka which was around seven percent in 2014 had since declined. The greatest challenge before him is to increase the growth rate.

President also requested the Minister Yamamoto to invest in high tech assembly plants in Sri Lanka. Minister Yamamoto responded positively and promised to promote Sri Lanka with the Japanese business community.

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