Sri Lanka is to recognize foreign companies which invested in the country during 1985 – 2009.
The 'Global Commerce Excellence Awards 2012' will recognize 150 international companies for their contribution to the national economy during the period.
It follows a similar awards ceremony held in 2011 where large Sri Lankan corporates, chambers, government institutions and individuals were recognised for their contribution to the national economy during the period.
"It was the risks and challenges taken by the Sri Lankan business community that withstood the threat and moved the country forward with difficulty," a statement by the event organizers said.
"However, last year the organisers could not accommodate international business partners that continued to help and believed in the Sri Lankan economy due to the fact that the numbers were too large."
"The Global Commerce Excellence awards will be the first of its kind to honor international companies and chambers that were present in Sri Lanka before the war ended in 2009 and helped to create jobs and economic activity against all odds during the terror period," the statement said.
Companies and chambers involved in investment, manufacturing, export, aviation, shipping, banking, tourism, telecommunication and logistic services are to be recognised.
This year's awards, organised by the Central Bank, other government organisations like the Board of Investment and the ports and airport authorities, along with the Shippers’ Academy Colombo will be held on December 13.