fbpx

Life+News The Official News Portal of Independent Television Network Ltd

The Premier says Sri Lanka will be a fully-fledged developed nation by 2050

ITN News Editor
By ITN News Editor July 10, 2018 18:49

The Premier says Sri Lanka will be a fully-fledged developed nation by 2050

Prime Minister Ranil Wickremesinghe says the government has laid the foundation in structure to make Sri Lanka a fully-fledged developed nation by 2050.

The Prime Minister pointed out that it is a highly challengeable goal. The Premier pointed out that it is essential to work hand in hand with people in different shades of opinions achieving the objective. Patience is instrumental in this regard.
The Premier made this comments joining the Sri Lanka- Singapore business forum. The Ministry of Trade and Industries of Singapore and Singapore Business Summit have jointly organized the forum. A large number of entrepreneurs and businessmen representing the two nations attended the event in Singapore. The Prime Minister said that it is a long term journey to develop Sri Lanka as an economic, financial and social hub in the region. Sri Lanka’s policy is to work in close collaboration with all the countries. He stressed that ties with India, Singapore, Malaysia, Vietnam, Korea, Japan and China will be strengthened. While elaborating on development activities taking place in Sri Lanka he highlighted the construction work of the expressway that links Colombo, Kandy and Hambantota. The expressway network will cater to around 9 million people in the island nation. The Prime Minister also explained about the investments that are in offing links with the expressways.
The keynote address of the forum was delivered by Minister of Development Strategies and International Trade, Malik Samarawickrama. He highlighted that the Sri Lanka-Singapore Free Trade Agreement sets an example to the entire world. The government of Sri Lanka is determined to make Sri Lanka a hub of the Indian Ocean rim.
Accordingly, internal structural adjustments are being made to meet the goal. The Minister also opined that bilateral agreements with more countries will be inked in the future. Meanwhile, Lee Kuan Yew water prize 2018 was held at the Ritz Carlton Hotel of Singapore with the participation of Prime Minister Ranil Wickremesinghe and Prof. Maithree Wickremesinghe as special guests.
The event was held under the patronage of Singapore President Halimah Yacob. Lee Kuan Yew 2018 water prize was bagged by US professor Rita Rosy Colwell.

ITN News Editor
By ITN News Editor July 10, 2018 18:49

BUSINESS NEWS- VIEW ALL

SPORTS NEWS- VIEW ALL

ENTERTAINMENT- VIEW ALL