Alibaba founder Jack Ma keen on investing in Sri Lanka: Govt

January 20, 2017 04:24 pm

By Admin

World famous Chinese e-commerce company Alibaba has showed keen interest to investing in Sri Lanka and to build an e-Commerce platform to further promote its online business ventures, the Ministry of Finance said.

Chinese business magnate, Jack Ma, who is the founder and executive chairman of Alibaba Group, evinced his interest during a meeting with Sri Lanka’s Finance Minister Ravi Karunanayake on Wednesday (January 18).

The meeting was held on the sidelines of World Economic Forum 2017 being held at Davos in Switzerland, the ministry said in a statement today.

“Jack Ma has stated that he will take immediate action to start investment in Sri Lanka. He also pointed out that his proposed investment will generate hundreds of employment to the youth in Sri Lanka,” it said.

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