Business Times

FCCISL Investor Forum opens doors for investment in Jaffna

The Jaffna International Trade Fair was successfully concluded on January 23. It was organized by Lanka Exhibition and Conference Services (Put) Ltd, in association with the Chamber of Commerce and Industries of Yarlpanam, Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL), and with the support of the Sri Lanka Convention Bureau.

The Indian High Commissioner to Sri Lanka Ashok K. Kantha inaugurated the event with the participation of Governor of Northern Province Major General G.A Chandrasiri, President of FCCISL Tissa Jayaweera, Indonesian Ambassador to Sri Lanka Abbar Hussain and officials from the Northern Province, according to a FCCISL statement.

Over 45 Indian companies representing National Small Industrial Corporation (NSIC) and State of Kerala participated showcasing various machinery, equipment, and useful products for agro-based and food processing industries. Business delegations from The Federation of Indian Chambers of Commerce and Industry (FICCI) and National Research Development Corporation (NRDC) were also present at the fair.

Speaking at the event, the Indian High Commissioner said that the indication of the high priority attached to the region was evident with India coming as the partner country for the second consecutive year and also the growing interest in developing businesses in Jaffna among the Indian business community was clearly seen with the major participation of Indian businessmen at the fair.

The highlight of the fair was the two and a half day Investor Forum organized by FCCISL with the focus on SMEs development in the Northern Province, directed towards investment opportunities in Northern part of Sri Lanka following the end of the North and East conflict. The forum created a platform for diversified companies, service providers and many other traders those looking for investment opportunities and expansions to meet at one venue.

K. Poornachandran, President, Chamber of Commerce and Industry of Yarlpanam, A. R. Jeyamanon, Senior Deputy Director, BOI Jaffna region, Regional Managers/related officials from Commercial Bank, HNB, NDB and People’s Bank, Registrar of Lands, a representative of the Land Commissioner of the District Secretariat Jaffna, Government Agent of Jaffna were among the resource persons
Director - SME Development and Deputy Director of the National Packaging Centre of the Sri Lanka Export Development Board were among the resource persons.

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