Sri Lanka investment forum a 3-day virtual event, jointly organized by the Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange will take place from June 7th to the 9th.
The event intends to attract large MNCs and conglomerates, direct and portfolio investors including sovereign wealth funds, private equity funds, development finance institutions, high net worth individuals and other types of investors from across the world
Speeches will be delivered by President, Gotabaya Rajapaksa, President Prime Minister Mahinda Rajapaksa, and State Minister NivardCabraal,
Sector-specific sessions on opportunities, policies and regulations; will be delivered by prominent experts across industries
Interactive discussions on “hot topics” Panel discussions and plenary sessions on key aspects of Sri Lanka’s macro-economic environment are some of the key features organized.
Private Sessions will also be facilitated between investors and companies/government authorities (to be booked in advance)
Promotional sessions including presentations by select participating companies and government bodies, to showcase investment projects are the other important features of this forum.
Existing global investors in Sri Lanka such as HCL, London Stock Exchange Group, Shangri-La & many others will also participate.
President Rajapaksa inviting investors for the three-day forum states Sri Lanka is looking to unleash a decade of growth to rapidly increase its
GDP, taking advantage of its inherent strengths and global supply chain
Shifts.
“Our strategic location combined with our business-friendly policies will be an accelerator for this fast-paced growth.
The Sri Lankan Government is pro-development. We proactively support businesses, as is evident from our progressive policies, policy consistency, and fiscal incentives. The upcoming Port City will create an even more conducive environment for Foreign Direct Investments into Sri Lanka.
We are focused on making Sri Lanka a hub for global business activities across diverse sectors, and we are excited to invite global companies to establish their presence in Sri Lanka to make the most of this opportunity.
Priority Sectors for investment to develop $ One Billion +export vertical are Pharmaceuticals, High Value-added Apparel, Electronics and Electrical
In the Information and Communications Technology (ICT) sector, subsections are Knowledge services Software Development IT training Institutes, Emerging Technology,
In the Hospitality and Tourism sector, subsections are Agro/Eco-Tourism Adventure/Thrill tourism Luxury Hotels Meetings, incentives, conferences and exhibitions (MICE) tourism.
In the Agriculture and Food processing sector the subsections are Rubber Agri/processed food Fisheries
In the Construction, Infrastructure & Logistics sector the subsections are Railway systems (Monorails, Light Rail Transit etc) Port/Airport development
Following are the highlights of key sub-sectors:
Pharmaceutical: Pharma zone with pre-environment clearance, industry-leading tax breaks for pharma companies to strengthen supply chain
Apparel: Dedicated fabric park to achieve supply chain resilience by localizing raw material imports
ICT: Code for multiple stock exchanges, airlines, theme parks, boardrooms and banks is developed in Sri Lanka. Among the fastest-growing ICT hubs in South Asia, Sri Lanka is known as the “Island of ingenuity”
Tourism: Best Travel Destination in 2019 (Lonely Planet); Government expects to achieve incremental tourism revenue ~$6bn per annum by 2025
Rubber: Solid tyre capital of the world with further opportunity for large investment.
President Rajapaksa inviting investors for the three-day forum states Sri Lanka is looking to unleash a decade of growth to rapidly increase its
GDP, taking advantage of its inherent strengths and global supply chain
Shifts.
“Our strategic location combined with our business-friendly policies will be an accelerator for this fast-paced growth.
The Sri Lankan Government is pro-development. We proactively support businesses, as is evident from our progressive policies, policy consistency, and fiscal incentives. The upcoming Port City will create an even more conducive environment for Foreign Direct Investments into Sri Lanka.
We are focused on making Sri Lanka a hub for global business activities across diverse sectors, and we are excited to invite global companies to establish their presence in Sri Lanka to make the most of this opportunity.
