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Sri Lanka plans 'economic corridor' with Andra Pradesh

Jan 24, 2016 14:25 PM GMT+0530 | 0 Comment(s)

DAVOS LURE:  Sri Lanka Prime Minister Ranil Wickremesinghe, Finance Minister Ravi Karunanayake and International Trade Minister Malik Samarawickrema meeting Indian investors in Davos. Pic PM Media office

ECONOMYNEXT - Sri Lanka is planning an economic corridor with the coastal state of Andra Pradesh, Prime Minister Ranil Wickremesinghe had told top industrialists from India at a global forum in Switzerland.

Indian business could invest in a port city being reclaimed out of the sea, the Colombo Port, Trincomalee port, Wickremasinghe had said at meeting with members of the Confederation of Indian Industry on the sidelines of a World Economic Forum in Davos, Switzerland.

At another meeting International Trade Minister Malik Samarawickrema had invited global investors to look at up to 40 billion US dollars of investment opportunities expected in a plan to build a so-called 'Megapolis' on Sri Lanka's western coast.


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