Investor confidence now high says Prof. Peiris

[September 2, 2003 - 9.45 GMT]

The Government’s chief peace negotiator Prof. G.L. Peiris says the current peace process has built foreign investor confidence in the country.

The recent Malaysian investment seminar was very successful said the Professor adding, “We have never experienced this level of enthusiasm”.

Speaking to the media in Colombo today, Prof. Peiris said some of the largest companies in Kuala Lumpur had shown interest in investment in infrastructure, mainly roads, highways, telecommunication, power and energy sector and ports development. A Malaysian company will construct a highway between Kandy and Colombo and the agreement is due to be signed when Prime Minister Ranil Wickremesinghe visits that country later this month.

Meanwhile Minister of Tourism Gamini Lokuge said plans were underway to diversify Sri Lanka’s tourism industry. He said the Government hoped to promote wildlife and eco-tourism.

“We have to move away from simply being ‘a place near the beach’. Ours is a country where you can enjoy the beach, wildlife and hill country within a few hours of each, and not have to spend days traveling to enjoy these different environments” said Lokuge.

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Last Updated Date: September 2, 2003  -9.45 GMT.