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Sunday, May 05, 2013 - 03.29 GMT
Sri Lanka beacon of investment in South Asia - Seatrade


Seatrade Communications, co-host of the Sri Lanka Ports, Trade and Logistics Conference, Exhibition and Awards, in a statement said Sri Lanka continues its "upwards trend as a beacon of investment in South Asia".

Organised by Seatrade and hosted by the Sri Lanka Ports Authority, the 2nd edition of Sri Lanka Ports, Trade & Logistics Conference, Exhibition & Awards has been inaugurated with an opening ceremony, including the Opening Address of Namal Rajapaksa, Member of Parliament of Sri Lanka, followed by a Ministerial & Government Keynote Panel Session held by senor officials and top executives from the maritime industry, including Susil Premjayanth – the Minister of Environment & Renewable Energy, Ajith Nivard Cabraal – Governor, The Central Bank, Dr. Priyath B. Wickrama – Chairman, Sri Lanka Ports Authority, and Saliya Wickramasuriya – Director General, Petroleum Resources Development Secretariat.

With international speakers including top officials and international leaders from the maritime and logistics industry, the first conference sessions focused on important themes from the industry, including successfully creating state-of-the-art port and maritime facilities, financing and investing in major maritime and transport projects in Sri Lanka, and a workshop about successful free-zone development.

During the sessions has been emphasized the low risk associated with investing in Sri Lanka, given the government policy of peace and stability. Well placed in the Indian Ocean with India and China both vying for investment opportunities on the island, Sri Lanka has been also compared to being the future ‘Singapore’.

Already benefiting from having a young and increasingly highly educated population, by creating a knowledge-based community, Sri Lanka is set to be producing a viable and highly trained workforce from free zone development. With the development of free zones on the island it is also developing its potential to become a major business hub in the South-Asian region. We hope that Sri Lanka will continue its upward trend as a beacon of investment in South Asia.

Courtesy: The Island





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Last modified: May 05, 2013.

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