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German envoy tells Prime Minister:

Lanka will record highest FDI inflow in region

The German government said Sri Lanka will record the highest FDI inflow in the South Asian region. German Ambassador to Sri Lanka Jens Ploetner made these remarks at an official meeting with Prime Minister DM Jayaratne at the Parliament complex yesterday.


Prime Minister DM Jayaratne meeting German Ambassador Jens Ploetner. Picture by Nishani Liyanage

The Prime Minister said under President Mahinda Rajapaksa's guidance, Sri Lanka has entered a new phase of economic development, and as a developing country, we require the assistance of Germany. Prime Minister Jayaratne requested the German envoy to assist the on-going economic development of Sri Lanka by initiating German investment, revamping the tourist industry and providing the country with modern technology.

Ploetner said Sri Lanka can record the highest inflow of FDI for the region.

Germany is also planning to bring investment to Sri Lanka and in this connection, a top delegation of German investors will visit the island in October.

The envoy said the Sinhala Ayurvedic medicine has gained popularity among the German public and therefore Sri Lanka is in a favourable position to gain from this sector as well.

Prime Minister's Secretary S Amarasekera was also present.

 

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