Friday, June 8, 2007

Dialog becomes Sri Lanka’s biggest investor

Sri Lanka’s most profitable, largest capitalised company and industry leader Dialog Telekom yesterday added another enviable achievement under its belt by becoming the single largest investment project in the country.

This distinction came by when the Dialog Telekom announced the signing of a landmark investment agreement with the Board of Investment (BOI) to invest a further US$ 300 million or Rs. 33 billion in telecom and media sectors in the next two years.

The latest commitment brought the total investment by Dialog in Sri Lanka to a staggering US$ 800 million or over Rs. 90 billion.Tan Sri Dato’ Ir Muhammad Radzi bin Haji Mansor Chairman of Dialog Telekom Ltd said that Sri Lanka is one of “our most compelling success stories outside Malaysia.

Read more,
http://www.dailymirror.lk/2007/06/08/ft/21.asp

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