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Saturday, February 19, 2005

Sri Lanka records highest FDI inflow in 2004

COLOMBO, Feb. 19 (Xinhuanet) -- Foreign Direct Investment (FDI) inflows to Sri Lanka reached new heights of 234 million US dollars in 2004, a 10.9 percent increase over 2003, the official Daily News reported Saturday.

"Considering the absence of large privatization, reaching this record investment level in 2004 is a great achievement for Sri Lanka," the newspaper quoted Board of Investment Chairman Saliya Wickramasuriya as saying.

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