Building Blocks

Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

The International Finance Corp. (IFC) is looking at further investments in Sri Lankas housing market, as part of its future investment strategy.
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IFC currently has a 15rnpercent stake in NDB Housing, a joint venture between the National DevelopmentrnBank and Housing Development & Finance Corp. of India.


ldblquote We have been asked by therngovernment to help out in housing finance, as part of our financial marketsrnprogramme. There seems to be a need for it and we are talking to banks to seernhow we can help,
dblquote IFCs Executive Vice President, and World BanksrnManaging