Lanka invites joint ventures in pharma industry

Rohita Thilakaratne, President Pak-Sri Lanka Business Council, on Wednesday said that Sri Lanka was planning to set up an industrial park for pharmaceutical industry and Pakistani pharma investors should explore possibilities of establishing joint ventures in that facility in Sri Lanka

Thilakaratne along with Jayalath Weerakkody, High Commissioner of Sri Lanka, visited Islamabad Chamber of Commerce & Industry and exchanged views with business community on prospects of further improving trade and economic relations between the two countries.

He said that textiles and tourism were also potential areas of cooperation between the two countries as tourism was one of the fastest growing sectors in Sri ALanka.

Sri Lanka also offers cheap and well trained manpower, which could be an additional advantage for Pakistani investors.

(paktribune.com)