The telecom sector in Sri Lanka is expected to attract the bulk of the record USD 600 million in foreign direct investment expected in 2007:
Nor has violence deterred the 530 million dollars in foreign direct investment so far this year which is projected to exceed the 600 million dollars in 2006, according to bank figures.
Most of the money from overseas has gone into telecom and IT-related services, distantly followed by garments and building of high-rise properties.
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