Sri Lanka takes steps to reduce brain drainDecember 13th, 2011 - 2:41 pm ICT by IANS
Colombo, Dec 13 (IANS) Sri Lanka is aiming to turn back the brain drain tide by encouraging technologically advanced industries, an official said here Tuesday.
Economic Development Deputy Minister Lakshman Yapa Abeywardana told the media that the government was conscious of the need to improve employment opportunities in the country and widen the scope of technologically advanced industries so that professionals would return to the country.
“We have already decided to only allow investments exceeding $300 million to encourage industries using advanced technology into the country. We hope this will create job opportunities and attract educated foreign workers back into the country,” he said.
Abeywardana added that over 7,500 vacancies exist in the Katunayake Export Zone, reported Xinhua.
Sri Lanka is focusing on attracting its migrant scientists to return and help develop the country after the end of a brutal three-decade conflict in 2009.
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Tags: brain drain, conflict, decade, deputy minister, economic development, employment opportunities, export zone, investments, job opportunities, lakshman, lakshman yapa, scientists, scope, sri lanka, tide, using advanced technology, vacancies, xinhua