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04 Dec 2018  |  South Asia, Middle East & North Africa  |  Market Research
Sri Lankan Air Conditioning Market, Forecast to 2022
Increased Preference for Inverter-based AC Solutions; Demand for Chillers and Air Side Units will Continue to Rise from Growing Tourism Industry and Commercial Projects
The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...
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