ABB India Limited has reportedly been selected to improve and build a grid substation for Sri Lanka’s state owned Ceylon Electricity Board (CEB), which is expected to cost several millions of Sri Lankan rupees.
Korea’s Export-Import Bank is to reportedly assist in the establishment of an automated taxation system in the Sri Lankan capital Colombo.
Sri Lanka’s record US$ 1.9 billion in foreign direct investment (FDIs) have reportedly been driven by China, Singapore, India and Hong Kong.
Sri Lanka’s Ministry of Industry and Commerce has said that Sri Lanka has been invited again to showcase its investment and export portfolios at the global forum, St. Petersburg International Economic Forum
Canada’s Director General for South Asia at Global Affairs David Hartman along with High Commissioner David McKinnon has reportedly met with Sri Lanka’s Minister of Finance