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


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.


Today's Columnists

Strong trade agreements need 30-50 consultations

Wednesday, 20 June 2018

Coming from a multinational working background, I strongly support free trade given that open competition tends to sharpen

The case of our concealed subservience to China

Wednesday, 20 June 2018

If one takes a close look at the general trend of discourse and debate that has been going on in Sri Lanka, one cannot but be

Muslim markers in Sri Lanka: Changes and challenges

Wednesday, 20 June 2018

If we exclude from our consideration the wars that owe their origin to religious hatred, or to difference in fundamental principles

A 10-point guide on bank credit facilities that suit your business best

Tuesday, 19 June 2018

As a businessman when you visit a bank seeking credit facilities you are faced with a lot of banking jargon with which you are often not conversant. You tend to learn about them only when you start utilising such facilities. Further, if are young and

Columnists More