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The investment by IFC, a member of the World Bank Group, will help the company expand across the country and increase access to transportation.
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The three brands are now operating in Colombo, the capital of Sri Lanka, following the signing of a multi-brand partnership agreement with franchise partner Andrew The Car Rental Co. (Pvt) Ltd.
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Car rental company owners and employees were recently warned by police that they will be considered liable for renting out vehicles to drivers without a valid driver’s license.
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