Sri Lanka’s Minister of Foreign Affairs Vijitha Herath undertook an inspection tour of the PHIVIDEC Industrial Estate in the Philippines to assess the progress of Sri Lankan investments established there.
Two leading Sri Lankan companies, Haycarb PLC and Jaindi Exports, have invested in projects within the PHIVIDEC zone, reflecting the growing confidence of Sri Lanka’s business sector in the Philippines’ investment‑friendly environment.
Minister Herath noted that the opportunities available in the Philippines highlight the strengthening trust of Sri Lankan enterprises in expanding their global footprint.
The visit coincided with the 65th anniversary of diplomatic relations between Sri Lanka and the Philippines, a milestone underscoring both nations’ commitment to further deepening trade and investment ties, while also enhancing people‑to‑people relations. (Newswire)