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Article: Malaysia invited to rebuild Sri Lanka war-shattered zones
- Article from:
- Daily Mirror
- Article date:
- June 24, 2009
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Colombo, June 24 -- Sri Lanka, fresh from its success in eliminating rebels in the north and east of the island, is inviting Malaysian investors to join efforts to rebuild its war-shattered zones that need at least US$4 billion (RM14 billion) to US$5 billion in initial development.
Investment Promotion, Enterprise Development and Media Minister Anura Priyadarshana Yapa said as Malaysian companies have vast experience in the telecommunication, construction and agriculture sectors in the country, they would be in a good position to expand their businesses to the affected areas.
He said the country was providing 15 years' tax holiday for companies investing outside the western zones, ...