Financial Times

Taiwanese investors keen but concerned
A group of Taiwanese Investors who say they are ready to build a separate Taiwan industrial zone in Sri Lanka have expressed concern about the present political instability.

The 70-member group led by Mark Liao, Chairman of the Shinin Silica Corporation of Taiwan, is now in the country on a mission to field out investment opportunities available here. They met Commerce & Consumer Affairs Minister Ravi Karunanayake recently and while discussing their investment plans also raised concerns about the current crisis and asked whether investments are safe if there is a change in government.

Karunanayake told the group that no political party will interfere with private sector investments in the country once it assumed office and added that the present political crisis was only temporary, the minister's office said in a press release.

Liao said Taiwanese businessmen are ready to invest $6 million during the first four years of their entry into this market. He said they would like to invest in sectors such as highways, agriculture, energy, travel and tourism and would bring the latest technology available in Taiwan.

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