Mahindra keen to set up economic zone here

MAHINDRA and Mahindra one of India's leading enterprises has requested them to provide a separate area to have an Indian economic zone in Sri Lanka. Minister of Investment Promotion and Enterprise Development Rohitha Bogollagama who met officials of the Mahindra Group in New Delhi last week said that the group is very keen to invest in Sri Lanka.

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US allocates Rs 6b for regional infrastructure

THE US Government has allocated Rs. 6 billion to develop regional infrastructure facilities in Sri Lanka. In addition it would also promote employment-generating opportunities in the country. Deputy Minister of Finance and Planning Ranjith Siyambalapitiya said, it is proposed to receive this as a grant from the Millennium Development Fund.

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