IFC invests $175m in Sri Lanka's John Keells Holding's retail, tourism businesses

IFC invests $175m in Sri Lanka's John Keells Holding's retail, tourism businesses

Photo: Ishan @seefromthesky/Unsplash

The International Finance Corporation (IFC), a member of the World Bank Group, is making a $175 million investment in John Keells Holding (JKH) to finance the expansion of its supermarket chain in Sri Lanka and refurbishment of hotel properties in Sri Lanka and the Maldives, according to an announcement.

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