China investing in Sri Lankan natural rubber business: report

Colombo – Chinese firms are in talks with Sri Lankan government to invest in the country’s plantation industry, particularly natural rubber.

In a 27 Aug report, the Colombo-based Daily Mirror quoted Sri Lankan officials as saying that Chinese firms had particularly expressed a strong interest in investing in the country’s NR production value chain.

This, said the officials, is because “China has identified that natural rubber would become the most strategic material in the world during the next 7-10 years.”

The Sri Lankan government has recently signed an…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with