UK investors assures that they are ready to invest in Sri Lanka

May 6 (IL) Board of Investment (BOI) Chairman, Lalith de Mel, early this week met Directors of two of UNited Kingdom's biggest Investment Fund companies.

Lord Cairns and other senior Directors of Actis have assured de Mel that if appropriate investment opportunities are available, they are willing to invest in large projects in Sri Lanka.

Actis is the exclusive manager of capital for the 100 percent UK government owned investment company, CDC plc, and manages investments in their Funds amounting to over US$ 2 million or more on each project.

CDC Plc make equity and mezzanine investments in private companies seeking to achieve rapid growth, either organically or through acquisitions, and infrastructure projects as well as specializing in power investments, globally.

De Mel also met Directors of Aureos, a related Fund Management company, which has been granted over Rs. 800 million for investment in Sri Lanka and India. At present, Aureos, which specializes in small investments in the SME sector, has a presence in Sri Lanka.