ECONOMYNEXT: Norwegian companies are interested in investing in Sri Lanka’s shipping and ports sector, the country’s envoy Thorbjorn Gaustadsaether has said.
Norway is a small country and lacks the money to make big investments like in China and India, he was quoted as saying in a statement by the ports and shipping ministry.
But Norway is world renowned for its maritime industry expertise and experience, Norwegian ambassador Gaustadsaether said.
Norwegian companies in the power generation, ‘green technology’ and container shipping and terminal operations sectors are looking at the island as a possible
investment destination, he said. Norway has skills in developing natural gas power
plants, he added.
Sri Lanka is well placed geographically on main trade route between Dubai and Singapore, a location that is attractive for investors, Gaustadsaether said.
Global companies are keen to save costs and time in their business operations, he said. Norwegian companies are closely following maritime sector developments in the island, Gaustadsaether said.