July 20, 2024

China Says Sri Lanka’s infrastructure facilities, human resources, and other required facilities in place to attract foreign investments

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Sri Lanka’s infrastructure facilities, human resources, and other required facilities are in place and now what is needed to attract foreign investments is to enact necessary legal reforms, President of the Chinese People’s Association for Friendship with Foreign Countries, (CPAFFC) Lin Songtiyan said.

H.E Songtiyan, who called on Speaker Mahinda Yapa Abeywardene together with the Chinese Ambassador in Sri Lanka Qi Zhenhong in Parliament recently (Nov. 15) said Hambanthota and other economic Zones as well as the Colombo Port City could attract global investors, if necessary, reforms are enacted and the investor-friendly atmosphere is quickly established. He also said that China will provide the highest possible support to Sri Lanka for investments.

Appreciating China’s support as a long-term friend of this country, the speaker said that he expects to strengthen bilateral relations between the two countries in the future as well. Secretary General of Parliament Dhammika Dassanayake was also present on the occasion.

Subsequently, Songtian participated in a special meeting of the Sri Lanka – China Parliamentary Friendship Association.

While addressing the Parliamentary Friendship Association Songtiyan said that the country has all the ingredients such as a strategic location in the center of the Indian Ocean, highways, ports, and also skilled youth resources needed for a leap forward in industrial and agricultural development.

Chairman of the Sri Lanka-China Parliamentary Friendship Association Namal Rajapaksa, said that the two countries are looking forward to further enhancing bilateral relations through parliamentary friendship associations.

Songtian also engaged in a cordial discussion with the members of parliament. After that, the delegation engaged in a tour of parliament and witnessed the parliamentary debate from the Speaker’s VIP gallery.

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