Sri Lanka looks beyond euphoria

The end of the civil war has boosted economic confidence. But there is much to be done in improving infrastructure and reviving activity stunted by the conflict, such as agriculture and fisheries. Chris Wright reports.

A stock market set for boom days

IF YOU THINK a rebound in world stock markets improves your mood, try the end of a 25-year civil war for a really big confidence booster. Interviews in the Sri Lankan capital of Colombo reveal a sense of unbridled optimism and opportunity with hostilities at an end.

“It’s a pivotal moment,” says Nick Nicolaou, HSBC’s chief executive for Sri Lanka and the Maldives. “When a conflict like this is over – and you can look at analogies like Northern Ireland or Kosovo – the post-conflict scenario is one of great hope and an increase in economic activity and foreign direct investment.

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