An
American
business
delegation
with
executives
from top
multinational
companies,
including
Fortune
500
firms,
will
visit
Sri
Lanka
this
month
looking
for
investments
with the
end of
the war
against
terrorism.
This is
perhaps
the
first
large US
Government
business
initiative
since
the end
of the
war.
As the
economic
and
political
environment
becomes
more
conducive
for
foreign
investment
and
growth,
American
companies
have
shown
renewed
interest
in
examining
the
emerging
investment
and
business
opportunities
in Sri
Lanka.
Some of
the
American
firms
joining
the
delegation
are
Fortune
500
companies
such as
Coca-Cola,
Caterpillar,
GE,
DuPont,
3M, UPS
and
Kimberly-Clark,
American
Chambers
of
Commerce
(AmCham)
in
Colombo
said in
a
statement.
Other
companies
include
Parsons
Brinckerhoff,
Sikorsky
Aircrafts
Corporation,
Fiserv,
Rockwell
Automation,
Western
Union
and
Rashed
Kanchan
Corporation.
They
represent
diverse
business
interests
which
include
fast
moving
consumer
goods,
infrastructure,
food and
beverages,
healthcare,
plastics
such as
engineering
polymers,
the
defense
sector,
home
care
products,
and
military
and
commercial
helicopters.
The
visit of
the
business
delegation,
who are
members
of the
Asia-Pacific
Council
of
American
Chambers
of
Commerce
(APCAC)
is
supported
by the
US and
Sri
Lankan
governments.
During
their
October
12-14
visit
the
delegation
will
call on
President
Mahinda
Rajapaksa,
Prime
Minister
Ratnasiri
Wickramanayake
and
senior
ministers.
The
discussion
will
centre
on
investment
and
business
opportunities
in Sri
Lanka in
the new
business
environment
in
post-conflict
Sri
Lanka.
Some of
the
sectors,
which
will
receive
special
attention
during
our
dialogue,
are
infrastructure,
healthcare,
information
technology,
agriculture
and food
processing
and
financial
services.
A
16-member
APCAC-AMCHAM
delegation
is led
by Atul
Singh,
Vice
Chairman,
South
Asia of
the
Asia-Pacific
Council
of
American
Chambers
of
Commerce
and
chief
executive
of
Coca-Cola
India.
The
Asia-Pacific
Council
of
American
Chambers
of
Commerce
consists
of 27
member
AmChams
in 21
economies.
It
represents
the
growing
interests
of over
10,000
business
entities
and over
50,000
business
executives
in the
region.
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