17th February, 2016
“Sri Lanka Investment & Business Conclave 2016” sees heavy foreign investor interest on key sectors of the Lankan economy
Foreign Investors taking part in the upcoming ‘Sri Lanka Investment & Business Conclave 2016,’ has shown a keen interest to explore a diverse areas of businesses in the country, with the biggest interest going into the areas of infrastructure development, export manufacturing and agriculture.
Out of over 70 overseas investors registered so far, 19 investors have shown an interest in the area of Export Manufacturing’ while 18 of them have shown an interest to explore opportunities in the Infrastructure sector. 15 investors have confirmed that they are coming to explore options available in the Agriculture sector.
In the meantime, high number of investors have also shown an interest to look at sectors such as the local Knowledge Services, Power and Energy, and Tourism and Leisure sectors.
The visiting investors are also looking to tap into business areas such as Port Development, Export Services, Apparels and Recycling of Waste etc.
Telecommunications and Related Services, Petroleum and Related Products such as LPG and NLG also will come under the investor’s scope during the upcoming ‘Sri Lanka Investment and Business Conclave’, which will take place between the 08th and10th March, 2016.
Investors from over 18 countries such as, Australia, Bangladesh, Bahrain, China, Canada, Egypt, Germany, Georgia, Kuwait, Maldives, Pakistan, South Korea, Singapore, Switzerland, Vietnam, Lesotho, have already registered to take part in the March event, which will take place at the Cinnamon Grand Hotel in Colombo. They are looking to meet local counterparts to discuss possible partnerships, Joint venture plans and other forms of partnerships.
‘SRI LANKA INVESTMENT AND BUSINESS CONCLAVE 2016’ – COUNTRYWISE INVESTOR PARTICIPATION AND SECTOR WISE INTEREST SHOWN BY THEM
|COUNTRY||INVESTORS||SECTOR WISE INTEREST||INVESTORS|
|BAHARAIN||01||EXPORT MANUFACTURING|| |
|CHINA||11||POWER AND ENERGY||11|
|EGYPT||01||TOURISM AND LIESURE||11|
|GERMANY||01||PORTS AND DEVELOPMENT||08|
|KUWAIT||25||RECYLCING OF WASTE||04|
|MALDIVES||01||PETORLEUM AND RELATED SERVICES|| |
|MALAYSIA||02||TELECOM AND REALTED SERVICES||01|
The latest move by the 176 year old Chamber comes amidst heavy investments Sri Lanka has made in recent times to develop its infrastructure, such as ports, airports, road network, and telecommunication facilities etc.