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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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    China to support Sri Lanka's development strategies

    sashimaal
    sashimaal
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    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    China to support Sri Lanka's development strategies Empty China to support Sri Lanka's development strategies

    Post by sashimaal Wed Mar 15, 2017 11:36 pm

    ECONOMYNEXT - China's central planners are to work with Sri Lanka's Ministry of Development Strategies to develop the country's 'investment and production' capabilities.

    The Cabinet of Ministers had given the nod for Minister of Development Strategies and International Trade sign a deal with the, National Development and Reform Commission of China, the central planning office of the communist state.

    The link with the Chinese planning office is expected to help identify partners, foster strategic relationships and also cover priority areas and production capacity and drawing foreign direct investment.

    Sri Lanka's current administration has engaged in price controls, controversial deals, ad hoc interventions through budgets as well as ad hoc taxes, which critics say has exposed weak policy making.

      Current date/time is Tue Dec 10, 2024 4:56 pm