Eran leads Sri Lankan investment promotion delegation for Singapore meetings
View(s):Eran Wickramaratne, Deputy Minister of Highways, Higher Education and Investment Promotion, last week led a delegation to Singapore to attend a series of events aiming at promoting Singaporean investment in Sri Lanka which was organised by Board of Invesments (BOI), Sri Lanka in collaboration with the Bank of Mizuho, Singapore.
Members of the delegation from BOI comprised Ms. Renuka Weerakoon, Executive Director; Mahinda Ramanayake, Director (Investor Services) and Manilal Ranasinghe, Deputy Director/Desk Officer for Singapore, the BOI said in an announcement.
In a keynote address, the Deputy Minister said that in the first three months the government intends putting in place a framework to ensure that confidence will return and business will be able to function independently. He emphasised that further economic growth will be driven by investment and foreign direct investment will be welcome.
He said the new government will continue some of the projects particularly roads and highways and that the only difference will be that the government will be doing business in a transparent way.
During the visit, Mr. Wickramaratne attended a high profile business meeting with members of the Chinese Chamber of Commerce which was organised by the Sri Lanka High Commission, Singapore. The participants expressed their keenness in investing in Sri Lanka in the near future in the sectors of Logistics and Process Outsourcing Services, Real Estate, Technology Investment, Apparel Manufacturing, Construction, Engineering Industry, Infrastructure, Agriculture MICE Tourism and Retail Industries.
He also attended several investment promotions events organised by Mizuho Bank Ltd followed by networking sessions arranged by APL Logistics, Toshiba Company, Japanese Chamber of Commerce (Singapore Branch) B.P. de Silva Group and Altair – Iconic Development in Colombo, Sri Lanka.