China is Sri Lanka's top investor

China is Sri Lanka's biggest investor, particularly in real estate, the Sunday Times reports.

Data from the Central Bank confirmed that China was the biggest contributor to Sri Lanka's foreign direct investment (FDI) with a high number of infrastructure and real estate projects on the island being developed by China.

India followed behind China as a top investor in Sri Lanka and Indian development firms have been linked to the Sri Lankan government's plans to build 65,000 homes to resettle those displaced by war.

Sri Lanka parliamentarians pledge to enhance bilateral ties on visit to China. (31 Oct 2015)


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