8 March 2017 09:45 am
The Board of Investment (BOI) said it recently hosted a delegation consisting of senior officials from Chinese People’s Political Consultative Conference of Shanghai (CPPCC).
The delegation consisted of six senior officials of the Communist Party of China (Shanghai chapter) and was led by Xu Yibo, Vice Chairman of the CPPCC Shanghai Committee.
The delegation had come on a fact-finding mission to develop a greater co-operation between China and Sri Lanka.
In the course of their visit, the delegation inspected the infrastructure in Sri Lanka notably the port and international airport at Hambantota, a BOI statement said.
The delegation was welcomed by BOI Chairman Upul Jayasuriya.
While explaining the investment opportunities in the country, Jayasuriya informed the delegation of government’s plans to transform the Colombo city.
He said that the first stage is the transformation around Beira Lake, where there are considerable opportunities for investment and asked the Chinese investors to grab them.
Zhang Xinsheng, Chair of Committee for Economic Affairs of the CPPCC Shanghai Committee, was quoted as saying that “Sri Lanka is a golden place to invest”.