(VIDEO) SL on path to achieve development rate over 06%; Prime Minister

COLOMBO (News 1st); Sri Lanka has taken the necessary measures to facilitate the smooth functioning of business, said Prime Minister Mahinda Rajapaksa on Tuesday (08), while inviting global investors to select Sri Lanka as their choice of destination to invest in.

Speaking to an investment forum the prime Minister said the country is on a path to achieve a development rate of above 06%.

"We are taking measures to attract a minimum of 15 Billion USD to Sri Lanka in the next 05 years from the (Colombo) Port City Project," said the Prime Minister.

"We expect to encourage the world-renowned investors to come to invest in our country," he noted adding that Sri Lanka must aim for the inflow of non-loan foreign exchange instead of obtaining loans.