IDB co-hosted Intl. Manufacturing Exhibition kicks off on 9 August

Thursday, 8 August 2019 01:15 - - {{hitsCtrl.values.hits}}

By E. Weerapperuma

COMEXPO – the International Manufacturing Exhibition organised by Smart Expos and Fairs India Ltd. (SEFIPL) in collaboration with Industrial Development Board (IDB) Sri Lanka, has organised Expo 2019, in creating opportunities and delivering value.

Plantation Minister Navin Dissanayake will declare open the exhibition on Friday 9 August at 10 a.m. as Chief Guest, at the Bandaranaike Memorial International Conference Hall Ground, (BMICH) Colombo. The exhibition open from 10 a.m. daily, will end on Sunday, 11 August.

The exhibition ground would be the ideal platform for the meeting of all manufacturing needs. It is also a meeting point for the manufacturing industry as there would be industrialists representing India, China and Sri Lanka. Several other countries are due to take part in this exhibition with 100 exhibitors.

Smart Expos is the pioneer organisation from South India dominating the b2b event industry in the growing countries such as India, East Africa, South Africa, Sri Lanka, Vietnam, Myanmar, and Bangladesh.

Smart Expos has vast experience and abundantly speaks about its capabilities and domain knowledge in handling domestic and international exhibitions and summits. It is capable of handling a wide range of subjects. They include engineering, mechanic tools, tools, fasteners, electrical, in each and every part electronics and power, solar, LED, plastics, packaging, rubber, logistic, material handling, warehousing, storage, food-ingredients, food-processing, coatings and paints.

The Industrial Development Board – Sri Lanka, coming under the purview of the Industry and Commerce Ministry, which marks the Golden Jubilee of serving the country for golden five decades, is the body empowered by the Industrial Development Act No.36 of1969. In terms of this Act, the IDB is the premier state organisation entrusted with the responsibility of developing the industrial sector in the country, Sri Lanka.

Government of Sri Lanka through the IDB hopes to provide a stable and sustainable macroeconomic environment to accelerate the industrial development in the country. The Government is determined to develop ‘Internationally competitive, Export oriented Diversified Industrial Sector, characterised by a range of high technology and ‘Non-Polluting Industries’.’ The Board of Investment (BoI) offers a variety of incentives for the investment in divergent segment in the industry, as under the current industrial policy of the country, SMEs play a vital and predominant role in sustaining the economy of the State. Hence the industrial policy encourages expansion, diversification and upgrading of the domestic industrial base, creation of new employment opportunities in both rural and urban sectors. It also promotes exports and promotion of industrialisation at regional level.

The Industrial Development Board Sri Lanka (IDB) provides the strategic, technological and commercial foundation needed to encourage, promote and develop all industries found within the entire country.

The IDB is focused to drive both local and global sustainable industrial growth, while achieving the financial autonomy to itself.

This exhibition will give a hand to those keen to achieve growth in the chosen industries and also encourage those keen to be an entrepreneur in the plastics and rubber industry, which is going to be the future.