Sri Lanka’s safe haven status as a destination of foreign direct investment has increased its appeal to investors from the UAE, the island nation’s minister said.
Speaking at the Annual Investment Meeting, Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka, said there are number of mechanism in place to protect investors. Sri Lanka’s constitution guarantees the safety of investment of foreigners in the country.
“We have received a numerous inquiries from interested parties from UAE in the tourism sector and we do encourage more investment proposals from the UAE and my Ministry will facilitate their interests,” he said.
He also said AIM is creating a significant platform for global leaders to meet and discuss diversified investment opportunity in different destinations.
(khaleejtimes)
-Agencies
