Japan’s JETRO to expand investments in SL
View(s):Japan External Trade Organisation (JETRO) says Sri Lanka’s skilled workforce is strong while the infrastructure is advantageous to foreign investors.
These comments were made by JETRO Executive Vice President Soichi Yoshimura during a meeting with Economic Development Minister Basil Rajapaksa at the Ministry office recently to discuss Japanese investments in Sri Lanka.
Mr. Yoshimura was visiting Sri Lanka accompanied by a high powered 40-member Japanese business delegation of his organization. JETRO is Japan’s principal organization for implementing trade policy on a comprehensive basis.
According to a statement released by the local ministry, Mr. Yoshimura said that he and his team visited the Koggala and Katunayake Free Trade Zones to observe the manufacture of export items by skilled and educated personnel under the direction of the Board of Investment (BOI). He hoped investors would find a good opportunity to turn out quality products in sufficient quantity.
The Japanese team’s arrival is the result of Minister Rajapaksa’s visit last month to Japan where he conferred with JETRO on Japanese investment possibilities in Sri Lanka, following President Rajapaksa’s Japan tour early this year.
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