REFUGEE

colombo- Even before resettling the Tamils in their traditional areas, the Sri Lankan government is in the process of acquiring lands in the northern and eastern regions of the country to attract foreign investors.
Speaking on ‘Trade and investment opportunities in Sri Lanka’, Sri Lankan Deputy High Commissioner Vadivelu Krishnamoorthy said that vast areas of suitable land had been identified for cultivation of food crops and foreign investors with a capacity to introduce high-yielding advanced agricultural techniques are being given priority. He said that with the eradication of terrorism most areas in the north and east of the country have been opened for tourists and invited Indian investors to build tourism-related infrastructure such as theme parks.
Nilaveli in Trincomalle district and Pasikudah, Vakarai and Arugambay in Batticaloa district had been identified as potential areas for investment in tourism.
The Sri Lankan government had also put in place single window clearance system for foreign investors and streamlined the process so that the investors would get clearances in a short span of time.