More Malaysian investors are keen on investing in Sri Lanka and with the tourism boom in the country more tourist arrivals are also expected from Malaysia.
The Malaysian Business community is interested in investing in infrastructure, construction, real estate and power generation in Sri Lanka, Malaysian High Commissioner Rosli Ismail told Daily News Business.
Ismail said Malaysia is now interacting with many countries in the region and exploring economic opportunities in Sri Lanka.
Among the several projects that have been directed towards Sri Lanka, a housing project in Galle was undertaken by a Malaysian company.
Under this housing project, over 900 low and medium class apartments will be constructed for public servants by MTB Group of Companies.
There are many other investments in the sectors such as telecommunication. Many local companies are exploring opportunities of investments in properties in Sri Lanka in the future.
Apart from trade, Malaysia is also interested in the booming tourism industry in Sri Lanka, Ismail said.
The number of Sri Lankan visitors to Malaysia has also increased last year. More than 50,000 Sri Lankans have visited Malaysia in 2009.
Since Sri Lankan tourism has shown signs of an aggressive increase, it is expected to have many from Malaysia in the coming months. The International Business Leader s Forum organized by the Sri Lanka Malaysia Business Council (SLMBC) will reveal insights to Malaysia s courageous and successful growth on June 9 this year.
The International Business Leader s Forum is organized by the Ceylon Chamber of Commerce at the request of Foreign Affairs Ministry and under the sponsorship of Dialog.
The Forum will be attended by the former Malaysian Prime Minister Dr. Mahathir Mohamed and many other resource persons from India, Maldives and Australia.