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Friday, May 02, 2014 - 7.05 GMT

A business delegation from China expresses interest in developing projects in SL

 

The Board of Investment hosted a 14 strong delegation from the port city of Dalian in Northern China, headed by Mr. Liu Cheng Xi. The delegation was comprised of entrepreneurs from wide range of sector looking at developing trade or starting investments in Sri Lanka.

Mr. Liu is also the Chairman of the Lions Club in Dalian and engaged in large scale real estate development in that city. The Lions Club has recently made inroads in China. Lions Clubs are already established in 10major Chinese cities.

The BOI officials briefed the delegation on the targets sectors promoted by the BOI and also on opportunities Sri Lanka offers investors.

Also covered was the current status of Chinese investment in Sri Lanka. At present there are over 30 Chinese Companies which have established investment in Sri Lanka in wide range of areas such as manufacturing, tourism and fisheries.

There are also large scale construction projects of which the Colombo Port City is the most high profile Chinese project to be set up under the BOI.

Mr. Liu expressed his views on Sri Lanka. “We are very happy to be in this beautiful country with beautiful sunshine, fresh air and the 12 members of our delegation who are engaged in various businesses are all Lions, who are good hearted people. We wish to do good things in Sri Lanka and to develop co-operation between Sri Lanka and China. Currently our members are using their excess resources to help the people of China but we will extend this to other friendly countries such as Sri Lanka.


 

 
 
   
   
     
   
   

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Last modified: May 02, 2014.

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