Russia’s NOSTROY explores Sri Lanka ventures

A high-level business team from the National Association of Builders (NOSTROY) of the Russian Federation has visited Sri Lanka to explore opportunities for investment and collaboration in infrastructure and urban development projects.

The team, led by Vice President Anton Moroz, comprised twenty-four senior representatives and technical experts from leading Russian construction companies, the Ministry of Foreign Affairs said.

The team met with officials of several ministries, the Urban Development Authority, and the Board of Investment.

“These discussions were aimed at exploring opportunities for investment and collaboration in infrastructure and urban development projects,” the foreign ministry said.

“The delegation also met with the Sri Lanka Bureau of Foreign Employment (SLBFE) to explore avenues for expanding employment opportunities for qualified Sri Lankan construction professionals in the Russian Federation.”

NOSTROY is the largest association in the construction sector in the Russian Federation, representing more than half of the construction companies operating in Russia and internationally. 

Source: Economy Next