Jha calls for improved investment climate to boost Indian investment in Sri Lanka
Sri Lanka, Oct. 12 -- Sri Lanka must improve its investment climate to attract greater investment from India, particularly in ports and logistics, energy and shipbuilding, Indian High Commissioner to Sri Lanka Santosh Jha said on Friday.
Speaking to local media, Jha said Indian investor interest in Sri Lanka remained relatively low, as investors generally favoured markets offering attractive and profitable opportunities.
He identified ports and logistics, tourism, industry, energy and the development of Sri Lanka's natural harbours as sectors with significant investment potential, adding that the country needed to strengthen its competitiveness in other areas to attract more investors.
Jha stressed that Sri Lanka should provide foreign...
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