Korea to invest in solar energy and agriculture projects in Sri Lanka
Posted on August 24th, 2024
Courtesy Adaderana
Prime Minister Dinesh Gunawardena has expressed the government’s readiness to attract foreign investments and its plans to increase the share of alternative energy sources to cut down the dependence on crude oil.
He conveyed this, in a meeting with a leading entrepreneur from the People’s Republic of South Korea, Tong-Jo Mun at the Temple Trees in Colombo held recently.
Tong-Jo Mun stated that the International Interchange Development Associations (IIDA) are willing to invest in several solar energy projects as well as in the cultivation of fruits in Sri Lanka for export to Korea and other countries.
Meanwhile, the Prime Minister and Mun also discussed possible investments in fisheries, health, and construction sectors, especially new technology to upgrade production in these sectors.