Financial Times

Turkish businessmen to invest in JVs in Sri Lanka
Picture shows TUCSON President Rizanur Meral and Nawaz Rajabdeen signing the MoU in the presence of Prof G.L.Peries, Minister of International Trade, Bandula Gunawardena, Minister of Trade and Cooperatives, Mano Wijeyeratne, Deputy Minister of Enterprise Development (who were on the parallel government delegation) along with Kursad Tuzmen, Minister of State and Chief Guest for the event.

Turkish businessmen have expressed willingness to invest in joint industrial ventures in Sri Lanka. This assurance was given by them to Nawaz Rajabdeen, President, Federation of Chambers of Commerce and Industry (FCCISL), who led a business delegation to Istanbul on the invitation extended by the Confederation of Business and Industrialists of Turkey (TUSCON) recently.

During his visit he met members of the Turkish chambers and discussed the joint venture investment and bilateral trade. Mr Rajabdeen told The Sunday Times FT that businessmen in Turkey had shown a keen interest in setting up manufacturing units for automobile industry mainly for rubber products for the motor industry. An MoU was signed between TUSCON and FCCISL.

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