Chinese enterprises from various industries have expressed their keen interest in investing in Sri Lanka, State Minister of Investment Promotion Dilum Amunugama said.
The Sri Lanka China Investment Promotion Forum was held on September 5 in Shanghai, China, with the primary objective of strengthening economic ties between the two nations. State Minister Amunugama represented Sri Lanka at the event.
During the forum, Chinese enterprises from diverse sectors, including medicine, solar power generation, wind energy, fisheries, and infrastructure, expressed their enthusiasm for investing in Sri Lanka.
The total investment amount pledged by Chinese companies reached an impressive $100 million.
In addition to the investment commitments, the forum also marked the inauguration of the China Representative Office of the Ministry of Investment Promotion of Sri Lanka. This office will serve as a key point of contact for Chinese investors seeking business opportunities in Sri Lanka.
Sri Lanka has identified several key investment areas, including pharmaceuticals, clothing, textiles, electrical and electronics, rubber, automobile components, medical equipment, machinery, electrical appliances, mineral processing, and other manufacturing industries. The country is also focusing on renewable energy, comprehensive hazardous waste management, logistics centers, hospitals, and other infrastructure projects. Furthermore, Sri Lanka aims to develop its information technology sector, as well as the tourism, education, and agricultural sectors.
