Nepalese business tycoon visits SL to discuss investment opportunities

13 February 2023 04:29 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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Nepali billionaire Binod Chaudhury paid an official visit to Sri Lanka and held discussions on potential investment opportunities with a key focus on distribution, retail, leisure, financial services and manufacturing.

He held a discussion with Board of Investment (BOI) officials on potential investment opportunities.

During the discussions with BOI Chairman Dinesh Weerakkody, Mr. Chaudhary focused his business interests on distribution, retail, leisure, financial services and manufacturing.

The Nepali business tycoon was also briefed on the progress of infrastructure development in the Port City, with special emphasis on the Colombo International Financial City.

He was accompanied by CG Corp Global Managing Director Rahul Chaudhury as well.

Binod Chaudhury, is the chairman of the Chaudhury Group based in Nepal, has been listed on the prestigious Forbes Billionaires List since 2013.

Comments - 6

Lets Row Together. LRT Monday, 13 February 2023 05:19 PM

The UNP and the govt must stop deceiving people if you want to earn the trust and respect of the people. Mr Choudhry has investments in Sri Lanka and he often comes. Why dont the BoI report on actual contracts signed rather than talking big about every visit made please?

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Lokka Monday, 13 February 2023 06:35 PM

Ok! Investment are welcome at this crucial hour. But it should be mainly manufacturing using local raw materials, and NOT selling of already established profitable enterprises done by JR and other leaders after 1977.

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sss Monday, 13 February 2023 07:39 PM

Sir please reveal any bribes demanded by politicians and high ranking officials (who got their education free) in the process of establishing any ventures

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silva Monday, 13 February 2023 09:19 PM

RW attended his son's wedding, this could be a back-door business...

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Observationist Tuesday, 14 February 2023 02:13 AM

These Billionaires got to where they are, not by accident but by diligently looking at their business options. Give me a good reason why this guy would want to invest in a country where the government is not stable, never keep their promises(all sides of politics),bankrupt and before negotiating a deal politicians want to see what they can get in their pocket? ONE CAN CALL IT A GREAT BUSINESS VENTURE IN THIS COUNTRY!

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Fred Tuesday, 14 February 2023 08:16 AM

Billionaires from everywhere investing in SL.Not necessarily a good sign.Should see what they are investing in and whether it brings a real benefit to SL .And why it cannot be handled by SL companies.We need to develop in the long term Can't always be in survival mode.It is an educated community Dinesh Weerakkody is an experienced professional so Iam sure he is looking into such matters

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