Home / Front Page/ President woos Japanese investors

President woos Japanese investors


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 14 March 2018 00:10


 

  • Sirisena encourages Japanese companies at investor forum
  • Malik outlines potential investment opportunities in Sri Lanka 
  • President meets with JETRO and JICA on more projects   

President Maithripala Sirisena yesterday addressed an investment forum to drum up stronger business ties with Japan during his ongoing visit to the country and met with government agencies to encourage more assistance for public-centric development projects.   

The investment forum was held at the Imperial Hotel in Tokyo, where President Sirisena addressed Japanese businesses and called on them to increase investment in Sri Lanka.  

Investors and entrepreneurs from both countries attended the forum where potential investment opportunities and joint ventures were showcased to Japanese companies. 

President Sirisena had encouraged Japanese investors to make the most of the government economic drive that is focused on reforms and strong liberalisation measures, the President’s office said in a statement.    

Development Strategies and International Trade Minister Malik Samarawickrama, addressing the forum, said for many decades Sri Lanka had close ties with Japan in various fields and he hoped this visit of President Sirisena would pave the way to further consolidate relations between the two countries. 

Japan’s Parliamentary Vice-Minister of Economy, Trade and Industry, Masaki Ogushi, also participated in the forum.  

Later in the day Japan External Trade Organization (JETRO) Chairman and CEO Hiroyuki Ishige met with President Sirisena. 

The Chairman apprised the President of the trade and investment services of JETRO in Sri Lanka and said that they expected to further expand those activities within the country. 

Japan International Cooperation Agency (JICA) President Shinichi Kitaoka also met with President Sirisena. During this meeting, the progress of the development projects being carried out in Sri Lanka with the assistance of JICA was discussed in detail.   

President Sirisena said that the policy of his Government was to offer a prominent place to local industries while obtaining foreign assistance. Sirisena requested the JICA President to assist in projects that could inspire stronger public entrepreneurship. 

The President also highlighted the importance of Sri Lanka’s small and medium development projects, which could uplift the economic standards of the people.

During this meeting the JICA President pledged to provide assistance in developing the country’s tourism field. 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


The bald truth about fake news, etc.

Friday, 21 September 2018

In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet


Withholding Taxes – What, why, when?

Thursday, 20 September 2018

The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the


Columnists More