Prez asserts importance of Japanese investments for SL’s revival

27 May 2023 08:30 am - 17 - {{hitsCtrl.values.hits}}

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President Ranil Wickremesinghe yesterday highlighted the importance of Japanese investments to push the revival of Sri Lanka while affirming commitment to stabilising and liberalising the economy and actively inviting new foreign ventures.

Wickremesinghe shared the government’s interest to attract Japanese enterprises and discussed the various measures and reforms being implemented to create a conducive business environment for potential investors.

Sri Lanka’s intentions were shared at the business roundtable ‘Sri Lanka’s Economic Revival and Opportunities for Japanese Enterprise’, which was jointly organised by the JETRO, Japan-Sri Lanka Business Co-Operation and Embassy of Sri Lanka in Japan. The event was aimed at strengthening economic ties between the two nations.

Recognising Japan’s significance as a vital economic partner, Wickremesinghe emphasised the mutual benefits that can be derived from increased collaboration between the two nations. Sri Lanka’s strategic location and skilled workforce were highlighted as key advantages, providing a gateway for Japanese companies to expand their operations in the region and leverage the country’s emerging economic opportunities.

As Sri Lanka continues its journey toward economic revival, Wickremesinghe’s active participation in the roundtable underscores the government’s unwavering commitment to attracting foreign investment and driving sustainable economic progress, a statement by the President’s Media Division said.

Wickremesinghe also met with the Japan-Sri Lanka Parliamentary Friendship Association, and Japan’s Minister of Digitisation.

With the latter, Wickremesinghe emphasised the importance of enhancing cooperation between Japan and Sri Lanka, in their respective digital transformation endeavours.

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Comments - 17

Amaran Saturday, 27 May 2023 09:20 AM

President, Are you sure MR and their SLPP will not mess up with FDI if they return to power?? What did MR did for Emirates deal with SriLankan Airlines?

Sunil Saturday, 27 May 2023 09:52 AM

No amount of FDIs would help Sri Lanka as long as these scoundrels are in power.

Jonathan Saturday, 27 May 2023 10:58 AM

So then, are we to just look up and wait?

FairJudge Saturday, 27 May 2023 10:05 AM

You are the worst example for Japanese. Instead of punishing sleeping Siripala for demanding a bribe from a Japanese company, you appointed him as a Minister. You think Japanese are stupid? I'm not surprised that Japanese did not remind you of that when you beg them for investments.

Sam Saturday, 27 May 2023 10:56 AM

Siripala was cleared. Who are you to judge him?

Punchi Saturday, 27 May 2023 02:00 PM

Japan relocating investments from China to QUAD partner India. We should beg Japan to relocate some investments in our China partner country

sam Saturday, 27 May 2023 04:46 PM

Japanese investments including LR were rejected by the rajapaksa co.

Misery Saturday, 27 May 2023 06:30 PM

We don't know whether Japan is aware that Sri Lanka is amongst the ten most miserable countries due to its miserable Leaders.

S.Siva Saturday, 27 May 2023 08:16 PM

The Japanese business philosophy and their sincerity to consumers make them world's #1 business illuminators. Their recent decision to go for Nitrogen fuel cell cars (by Toyota) was very illuminating and conscious of all who serve the Auto Industry. Japanese are true friends of Sri Lanka for the long haul and for all times

lester Saturday, 27 May 2023 09:18 PM

More begging

Lion Sunday, 28 May 2023 04:45 AM

Get lost ,despot brought to power by 134 rouges has no people’s mandate. People are struggling to make ends meet while malnutrition is rampant among children of this country

Bimal Sunday, 28 May 2023 06:30 AM

I hope the Japs are not blind or stupid that you have crooks like Siripala demanding a bribe from the Japanese company being appointed as Minister in your cabinet. Birds of a feather flock together.

Kps Sunday, 28 May 2023 08:28 AM

Bit of my personal experience about doing business with srilanka is the high labor cost. Same finish product I can get it manufacturer in India for lesser cost.

Kps Sunday, 28 May 2023 08:30 AM

Mr.President, you forgot to carry your buddy our famous bribe Minister Nimal S with you.

Mohamed Faleel Mohamed Marsook Sunday, 28 May 2023 10:15 AM

FDIs are useless with involvement of corruption in dealing the investors

ROSH Sunday, 28 May 2023 03:30 PM

Of course unelected master debating president got taste of Japanese prime minister.. unelected president is trying to revive himself to master debate again to win election. The crowd needs to be careful

Ceylonese Monday, 29 May 2023 11:27 AM

Our politicians have no self respect to be always asking for aid everytime on the pretext of developing the country especially from countries like Japan, Australia India, US Canada China and Britain while the donor countries themselves must be fools to be dishing out money everytime mainly because they are too embarassed to say no as they themselves want to maintain their prestige.

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Prez asserts importance of Japanese investments for SL’s revival

Comments - 17

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