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Mangala backs ECT's foreign investment

 
Former Foreign Affairs and Finance Minister Mangala Samaraweera has released a video on social media commending the government's efforts to attract foreign investors to develop the ECT of the Colombo Port.
 
He pointed out that foreign investment is essential for development initiatives of the country. He also observed that political leaders who have repeatedly said getting foreign investors involved in the development of the country was an act of treason are now in a difficult position due to the lies they have propagated with the intention of deceiving the public.
 
He made these comments by releasing a video statement on the #truepatriot social media platform on Sunday (17).

"Those lies and the ensuing deception have boomeranged and even though they are trying to do something constructive, they are being destroyed by the very lies they have disseminated. Even though I knew it before, and spoke about it, I'm not happy about it. It is essential to attract foreign investors to develop this country," Samaraweera noted.

"There’s no need to recall the revolution that took place in the country due to the investment of the world’s largest communications technology company to transform Sri Lanka Telecom from a department into a company during my tenure as the Minister of Telecommunications.

SriLankan Airlines, which has been running at a loss since its inception, has only made profits during the few years they had partnered with foreign investors.

I am confident that this new investment will bring prosperity to the Sri Lanka Ports Authority which has become an economic hub of this country," Samaraweera said.
 

 

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