Daily Times, one of the leading English dailies of Pakistan quoting an interview with the Consul General of Sri Lanka in Karachi says that Sri Lanka is the next economic miracle success story emerging in Asia and Pakistani businessmen and investors should enter this promising market.
The Sri Lankan economy is expected to record growth at an astounding 8 percent in 2010, while the GDP per capita has more than doubled to over $2,000 in the last five years, and these developments had led international financial institutions like the IMF and the World Bank to categorise Sri Lanka as a Newly Emerging Middle Income Country, the Consul General has further stated to the media.
The Consul General has said that bilateral trade pattern between the two countries is limited to traditional products and therefore the business communities of both countries should explore trade and investment opportunities available in each others countries.
Mr Jinadasa has said Sri Lanka was beginning to present tremendous emerging investment opportunities as the country had become a heaven of peace, and investors from all over the world were keenly following developments in the island nation.
He has invited Pakistani businessmen to visit Sri Lanka and see first-hand for themselves the opportunities that awaited them in areas such as agri-processing, dairy and agriculture, sugar, textile processing, cement, pharmaceuticals, information technology and the hotel industry. The tourism industry in Sri Lanka he has pointed out was likely to grow at a remarkable level because tourism had seen a 50 percent growth in the last few months.
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