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    Sri Lanka Investment Seminar in Singapore on 13th February 2015

    February 18, 2015

    Sri Lankan Deputy Minister of Highways, Higher Education and Investment Promotion Eran Wickramaratne  said that in the first three months the government intends putting in place a framework to ensure that confidence will return and business will be able to function independently.

    emphasized that further economic growth will be driven by investment and foreign direct investment will be welcome.

    He made these observations in the key note address made in an investment promotion event held in Singapore.

     

    The Deputy Minister  Eran Wickramaratne led a delegation to Singapore from 11th to 14th February 2015 to attend a series of events aiming at promoting Singaporean investment in Sri Lanka which was organized by Board of Investments (BOI), Sri Lanka in collaboration with the Bank of Mizuho, Singapore. 

     

    Members of the delegation from BOI comprised of Mrs. Renuka Weerakoon, Executive Director,   Mr. Mahinda Ramanayake, Director (Investor Services) and Mr. Manilal Ranasinghe, Deputy Director/Desk Officer for Singapore.

     

    In the Key Note address, the Deputy Minister  also mentioned that Sri Lanka has many skilled people in the areas of technology and that Sri Lanka was open to other areas as well.  He also mentioned that the new government will continue some of the projects particularly roads and highways and that the only difference will be that the government will be doing business in a transparent way.

     

    During the visit, the Deputy Minister Wickramaratne attended a high profile business meeting with members of the Chinese Chamber of Commerce which was organized by the Sri Lanka High Commission, Singapore. The participants expressed their keenness in investing in Sri Lanka in the near future in the sectors of Logistics and Process Outsourcing Services, Real Estate, Technology Investment, Apparel Manufacturing, Construction, Engineering Industry, Infrastructure, Agriculture MICE Tourism and Retail Industries.

     

    Mr Vipulatheja Wishwanath Aponsu, Acting High Commissioner and Ms Rekha Mallikarachchi, Second Secretary also participated in the meeting.

     

    He alsoattended several investment promotions events organized by Mizuho Bank Ltd on 13th February 2015 at Westin Hotel followed by networking sessions arranged by APL Logistics, Toshiba Company, Japanese Chamber of Commerce (Singapore Branch) B.P. de Silva Group and Altair – Iconic Development in Colombo, Sri Lanka.

     

    Deputy Minister Wickramaratne also had the opportunity to meet several Singaporean Investors and Sri Lankan Investors based in Singapore.

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