Sri Lanka president, business community seek FDI and PPP in Switzerland

Sri Lanka
By Editor_1
President Ranil Wickremesinghe addressing the Business Roundtable organized by the Swiss-Asian Chamber of Commerce and the Sri Lanka Board of Investment on the side-lines of the 54th Annual Meeting of the World Economic Forum in Davos -PMD

COLOMBO – The government’s focus was on fostering growth through exports, services and investments, including foreign direct investment (FDI), Sri Lanka’s president told a Business Roundtable organized by the Swiss-Asian Chamber of Commerce and the Sri Lanka Board of Investment on the side-lines of the 54th Annual Meeting of the World Economic Forum in Davos.

There are “opportunities for investments in renewable energy, agriculture modernization, tourism, IT and infrastructure development through public-private partnerships,” Ranil Wickremesinghe who is in Switzerland to attend the World Economic Forum, had told the roundtable.

Forthcoming laws and commissions would enhance market access, foster trade and investment and ensure the competitiveness of the island’s economy, he had said, seeking to reassure potential foreign investors, by highlighting moves to remove restrictions and ongoing economic reforms.

He had also pointed out the country’s ongoing and pending FTAs with Singapore, Thailand, India and China, its initiatives to join the Regional Comprehensive Economic Partnership (RCEP), and the benefits of GSP Plus for access to European markets.

Representing the Sri Lankan business community at the event were John Keels Holdings Chairman Krishan Balendra, Commercial Bank CEO/MD Sanath Manatunge, Colombo Stock Exchange Chairman Dilshan Wirasekara, Janashakthi Insurance Deputy Chairman Prakash Schaffter, Sri Lanka Ports Authority Chairman Keith Bernard, Aitken Spence Joint Deputy Chairpersons/MDs Stasshani Jayawardena and Parakrama Dissanayake, Galle Face Group Chairman Sanjeev Gardiner, Sri Lankan Airlines Chairman Ashok Pathirage, People’s Bank Chairman Sujeewa Rajapakse, and ⁠Dialog Axiata CEO Supun Weerasinghe.

-economynext.com

 

 

 

 

Editor_1
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