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Friday, 20 June 2014 - 13:46
Sri Lanka should continue investments, improve skills, rule of law: ADB chief
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Asian Development Bank chief Takehiko Nakao said Sri Lanka should look at private partnerships to expand infrastructure, reform state enterprises and strengthen the investment climate by improving rule of law and governance.

Sri Lanka's government is investing about 6 percent of gross domestic product in physical infrastructure which was higher than some countries in the region, and was also fast rebuilding war-torn areas.

Nakao said Sri Lanka should look at public private partnership to continue physical infrastructure investments.

The ADB was forecasting a growth of 7.5 percent for 2014 and 2015 for Sri Lanka.

 
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