Business Times

Business Leaders' classroom exercise for small entrepreneurs

By Quintus Perera

A Business Leaders' classroom will be conducted next month by the National Chamber of Exporters (NCE) where the exporters from the regions will meet veteran exporters to learn how to be successful in exports, it was announced last week.

Sarath De Silva, President, NCE explained the new concept at a press briefing held in Colombo this week to promote the 18th Annual Export Awards to be held on September 17. He forecasted a Rs 20 to 25 billion export target by 2020 and said that so far this year exports from Sri Lanka accounted for a Rs 7.9 billion and by the end of the year it would reach Rs 9 billion.

He said that achieving a target of Rs 20 to 25 billion within the next 10 years is possible as the country is now geared to a programme of accelerated development strategy with new airports, harbours and new power projects coming in. Further, he said that with the low interest rates the banks are awaiting opportunities to lend.

Mr De Silva said that achieving the target would be tough and demanding but at the same time it would also be very rewarding. He said Sri Lankan exporters are capable of withstanding tough situations as they have proved by performing under immense pressure during the ethnic conflict and have also conducted 17 Award Ceremonies.

Awards will be given away for the best Sri Lankan Brand Exporter as well as the Best Woman Exporter. This year two additional Gold Awards are to be awarded to the Most Innovative Exporter and the Most Value Adding Exporter. Opening the competition for non-member exporters has increased the applications considerably.

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