Lankan Ranger
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Sri Lanka Pakistan Investment Bank Soon
Sri Lanka & Pakistan have strong ties in trade and investment. The two countries have benefited from the close economic relationship and will be entering into a new phase in development, Pakistan State Minister and Board of Investment Chairman Saleem Mandviwala told Daily News Business.
Pakistan is looking at cement plants, sugar, textile, banking and dairy as possible investment options in Sri Lanka. The investment value will be vary from sector to sector. However, investors still have not quantified the potential investment flow to the country, he said.
There is the possibility of signing joint venture agreements with the scheduled visit of the Pakistan President Asif Ali Zardari later this month.
We are keen to do business in Sri Lanka.We extend support in the countrys economic development and defence. This would be a win-win situation for both of us, he said. We are also exploring opportunities to set up a Sri Lanka Pakistan Investment Bank.
We will be reaching a comprehensive economic agreement in the near future, Mandviwala said.
Sri Lanka Business News | Online edition of Daily News - Lakehouse Newspapers
Sri Lanka & Pakistan have strong ties in trade and investment. The two countries have benefited from the close economic relationship and will be entering into a new phase in development, Pakistan State Minister and Board of Investment Chairman Saleem Mandviwala told Daily News Business.
Pakistan is looking at cement plants, sugar, textile, banking and dairy as possible investment options in Sri Lanka. The investment value will be vary from sector to sector. However, investors still have not quantified the potential investment flow to the country, he said.
There is the possibility of signing joint venture agreements with the scheduled visit of the Pakistan President Asif Ali Zardari later this month.
We are keen to do business in Sri Lanka.We extend support in the countrys economic development and defence. This would be a win-win situation for both of us, he said. We are also exploring opportunities to set up a Sri Lanka Pakistan Investment Bank.
We will be reaching a comprehensive economic agreement in the near future, Mandviwala said.
Sri Lanka Business News | Online edition of Daily News - Lakehouse Newspapers
