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| Wednesday, 3 September 2003 |
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Kuala Lumpur - The growing Malaysian interest in Sri Lanka, mainly on investment and trade is to be further strengthened with the arrival of Prime Minister Ranil Wickremesinghe to Malaysia next week on a working visit. The current Malaysian investment volume of Rs. 2.5 billion is expected to be doubled by the end of this year, according to the BoI sources. The Sri Lanka High Commission in Malaysia together with the Board of Investment has already commenced follow-up action with regard to the Investment and Trade Seminar it organised last week in Kuala Lumpur and had completed several rounds of meetings with potential Malaysian investors. "The response is unbelievable. We may reap benefits of the Forum very soon," said senior BoI officials in Kuala Lumpur who were busy with meetings with investors in Malaysia's software stronghold Penang. "Our aim is to reach the pinnacle of this process with the arrival of the Prime Minister. We hope the relations between the two friendly nations will be further strengthened and more beneficial decisions be taken during the PM's visit," says Sri Lankan High Commissioner in Malaysia Rosy Senanayake. The Premier is scheduled to meet investors in Malaysia during his two-day stay in Kuala Lumpur. He will also meet Prime Minister Dr. Mahathir Mohamed, Deputy Prime Minister Abdullah Ahamad Badawi and several other senior ministers. |
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