Foreign Affairs Minister Ali Sabry stated that investors from across the world are ready to invest in Sri Lanka if essential reforms are implemented to establish a favourable environment for investors.
The minister also stated that, while some people are waiting for the country’s banking system to collapse, the government’s economic development agenda has received international acclaim.
Minister Ali Sabry stated this today (03) at the Presidential Media Center (PMC) during a press conference themed “One Way to a Stable Country.”
He stated that during his recent visit to China, he met with the Chinese Ministers of Finance and Foreign Affairs, as well as the Chairman of the Exim Bank of China, who expressed their admiration for the efforts taken to promote economic stability and progress in this country.
The Minister also stated that the chairman of China Harbor Engineering Corporation has stated his willingness to invest US $ 1.2 billion in the Port City of Colombo.
Meanwhile, he pointed out that the Bloomberg newspaper, which was published in China, on 20 June stated that Sri Lanka is effectively managing a challenging economic issue and
creating an acceptable economic situation.
Minister Ali Sabry further commented
Inflation in the country was 80% last year.