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| Sunday, 27 April 2003 |
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Thai investors interested in developing Colombo markets A Thai business delegation visiting Sri Lanka has expressed interest in developing Colombo's main vegetable sales centre, Manning Market, and St. John's Fish Market to modern standards. This was revealed when the delegation including Director General for South Asian, Middle East and African Affairs of the Thai Foreign Ministry Snanchart Devahastin, Vice President Thai Contractor's Association Viboon Sriprasert and a member of the Federation of Thai Industries Sopon Wichitrakon met Commerce and Consumer Affairs Minister Ravi Karunanayake at the Ministry to discuss bilateral trade prospects. Devahastin said they had visited both markets and identified several key areas of infrastructure development, which would be attractive to their developers. he added that Thailand is also interested in port development works as they are planning to expand their shipping activities in South Asia with the construction of a new port in the Andaman sea coast. Minister Karunanayake pointed out the importance of bilateral collaboration in the garment sector, where Thailand is a strong player in the upmarket segment. The Minister further revealed that Sri Lanka is keen on setting up more textile mills to substitute imports in the garment industry, which is an area that Thai investors should look at. |
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