MNCs flock in to get the ‘fruits’ of war [Sri Lanka]

Author:, Published on: 24 August 2009

A ‘political solution’ not to meet Tamil aspirations but to 'facilitate' the interests of the multinational corporations (MNC) is what in the agenda, Tamil circles said...Chandra Lal de Alwis, president of the National Chamber of Commerce of Sri Lanka, which recently sent a business delegation of 43 businessmen to Jaffna, told Forbes: "China, being a large country, is putting a lot of money here. Also, politically they are not bothered. With India, there were some political issues. But all that is getting cleaned."...the Indian enterprises in the fray are...Larsen and Toubro, Indian Oil Corporation, Ashok Leyland, Asian Paints and Bharti Airtel...[President] Rajapaksa is offering a 15-year tax holiday for investments in the north and east. [also refers to Calamander Group, Power Grid Corporation]

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Related companies: Ashok Leyland Asian Paints Bharti Airtel Indian Oil Corporation Larsen & Toubro