Sunday, 17 December 2023 11:29

Denmark to increase investments in Sri Lanka Featured

Denmark is encouraging investments and for the support given as a member of the Paris Club to assist in Sri Lanka’s efforts in reviving its economy.

Danish Ambassador Freddy Svane said many investors in Denmark are willing to invest in the power sector, deep sea fishing, mechanised boat production and other projects

This was revealed by Danish Ambassador Freddy Svane when he met Prime Minister Dinesh Gunawardena to exchange views on bilateral ties and development cooperation between Sri Lanka and Denmark.

The New Delhi-based Ambassador said that he took part in the opening of an electronics production factory of a major Danish company, GPV Group A/S of Copenhagen, that would provide over 1,000 employment opportunities.

.The Prime Minister briefed him on the current economic development in the country, including the progress made on the IMF package.

They also discussed the initiative of expanding SAGT with Maersk activities in Sri Lanka for logistics hub/consolidation. Maersk is in the process of developing the consortium with possible Japanese funding.

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