Finance Ministry says China’s Alibaba eyeing investments in SL

Sri Lanka’s Finance Ministry yesterday said world famous Chinese e-commerce giant Alibaba has shown keen interest in investing in Sri Lanka and to build an e-commerce platform to promote online business ventures.
According to the statement, this was revealed during a meeting Sri Lanka’s Finance Minister Ravi Karunanayake had with Alibaba Founder Chairman Jack Ma on January 18 in the sidelines of the World Economic Forum in Davos, Switzerland.  The ministry statement quoting Ma said, he would take immediate action to start investments in Sri Lanka.  Jack Ma is considered as the second richest person in China and his net worth according to Forbes stands at US $ 27.7 billion.