Lankan envoy in US meet Development Finance Corporation CEO

Saturday, 23 December 2023 01:24 - - {{hitsCtrl.values.hits}}

Ambassador Mahinda Samarasinghe met with the US International Development Finance Corporation (DFC) CEO Scott Nathan on 8 December 2023.

Ambassador Samarasinghe, while thanking the CEO for offering finances of nearly $ 1 billion to Sri Lanka, discussed possible future collaboration in areas of refinancing commercial loans, projects on environment, economic and women empowerment and food security.

DFC recently invested $ 553 million for the development of the West Container Terminal at the Colombo Port with support from the Adani Group and leading Sri Lankan blue chip company John Keells Holdings. This substantial investment would not only create an additional deep water terminal in the Colombo Port but also generate significant employment opportunities and income generation activities.

The flagship investment will demonstrate that Sri Lanka is open for business.