As a means of addressing the growing demand for hotel rooms and shopping mall developments in Sri Lanka, the High Commission of Sri Lanka in Pretoria organized a business promotion and networking event to members of the South African Property Owners Association (SAPOA).

The event was attended by around 25 companies from the hotel and property development sectors.

The High Commissioner of Sri Lanka in South Africa, Shehan Ratnavale, made a presentation on “Investment Opportunities for Shopping Malls and Hotel Developments in Sri Lanka”. He also indicated that South African hospitality sector investors may avail themselves of the business networking facilities offered by the “Sri Lanka Expo 2012” in Colombo.

The South African High Commissioner to Sri Lanka, Geoff Doidge made a brief presentation on the growing bilateral relationship between the two countries.

As a result of the event, SAPOA has announced that they are planning a delegation visit to Sri Lanka to explore opportunities for hospitality sector investments.