Global investor Jim Rogers says that Sri Lanka is now the best place to invest in this part of the world. He says investing in Sri Lanka at this time is probably a better bet than Pakistan, Bangladesh, India or some of the other countries nearby.

He said so in an interview with the ‘Economic Times of India’.

Questioned on his recent comments that he would invest in China and Sri Lanka, but not in India, he said: “I was trying to make a point that if anyone wants to invest in this particular part of the world, the best place would be Sri Lanka. Because it looks like the 30-year war is coming to an end.

In my view, investing in Sri Lanka in May 2009 is probably a better bet than Pakistan, Bangladesh, India or some of the other countries nearby. Let's hope the new Indian government does something. I have heard wonderful things from Indian politicians for 40 years.

Noted American investor and founder, with George Soros, of the successful Quantum Fund, Rogers is an oft quoted personality on aspects of investment.

He has expressed much sought after opinions on the Chinese economy, global agriculture, the commodities market, British pound and long term US bonds.
Singapore-based Mr Rogers, 66, has generated billions for his clients investing with hedge fund legend George Soros - who later made a billion betting against the pound.