JBIC reiterates support to Sri Lanka’s economic programme
Japan Bank for International Cooperation (JBIC) has reiterated its support for Sri Lanka’s economic programme during a meeting with Minister of Finance and Media Mangala Samaraweera.
The meeting was held on the sidelines of the World Bank/International Monetary Fund (IMF) Annual Meeting in Washington DC on October 14th.
JBIC CEO and Executive Managing Director Tadashi Maeda is to also lead a delegation to Colombo later this year for further discussions.
In May this year Maeda said that the JBIC had decided to raise Sri Lanka’s country classification and it is prepared to provide maximum support for Sri Lanka’s development programmes.
He said at the time that discussions also touched on the possibility of tripartite trade opportunities between Sri Lanka, Japan and India in future.
The confidence expressed by JBIC in the economic programme launched by the Sri Lankan government would undoubtedly beckon investors for the many investment opportunities open in the country as part of the state’s development agenda. Apart from the government’s development agenda, there are other opportunities covering various sectors that could be initiated with the private sector. Also, JBIC is likely to extend funding support for successful projects that are in the country’s project pipeline.
|Article Code :||VBS/AT/19102017/Z_4|