Saudi Arabia intends to continually provide the assistance of the Saudi Development Fund to Sri Lanka, outgoing Saudi Ambassador to Sri Lanka Abdulnasser Hussain Al-Harthi said.
Al-Harthi, who is leaving the country after completing his service, made these remarks when he called on President Gotabaya Rajapaksa at the Presidential Secretariat, today (29).
The President’s Media Division (PMD) said the President commended the assistance given by Al-Harthi during his tenure.
The outgoing Ambassador said a high-level Saudi delegation will soon visit Sri Lanka to explore the investment opportunities in the renewable energy sector and other sectors. A number of special tax concessions are available in investment zones.
The President pointed out the vast opportunities available in Sri Lanka for direct investment in the pharmaceutical, technology, and apparel industries.
The President invited the Saudi Government to explore investment opportunities associated with the Colombo Port City and the proposed Ship Repairing and Manufacturing Facility to be built at the Hambantota Port.
The PMD said the President also thanked the Government of Saudi Arabia for its development assistance provided through the Saudi Development Fund.
Secretary to the President Gamini Senarath, Principal Advisor to the President Lalith Weeratunga, and Deputy Head of Mission Abdullah A. Aorkobi were also present on the occasion. (NewsWire)