Sunday, December 6, 2015

A Foreign Investor To Get A Maximum 5000 Acre Land For 99 Year Old Lease For A Project-Finance Minister

Image result for leasing land
A Foreign Investor who is willing to invest in Sri Lanka  on projects which are labor intensive and focusing on job creation may be  getting a maximum 5000 acre land for 99 year old lease according to Finance Minister Ravi Karunanayake.

The foreign firms are allowed to do Business here without paying 100% tax for the leasing of the land for their projects Finance Minister has said.However Foreign Investors will not be allowed to purchase land in  Sri Lanka he has further said.

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