Singapore Trade & Industry Minister, biz delegation due in June

Wednesday, 18 May 2016 00:00 - - {{hitsCtrl.values.hits}}

Trade, services and co-operation between Sri Lanka and Singapore as well as inward investment is projected to increase significantly with the visit of S. Iswaran, Minister of Trade and Industry, Singapore to Sri Lanka in June 2016.

The Minister will be accompanied by a high profile business delegation including potential investors organized by the Singapore Business Federation (SBF), and International Enterprise (IE), Singapore. The SBF is Singapore’s apex business chamber which represents over 22,000 companies while IE Singapore is the government agency driving the overseas growth of Singapore based companies and promoting international trade.

The Sri Lanka – Singapore Business Council of the Ceylon Chamber of Commerce will be organizing the “Sri Lanka Singapore Business Forum” on Wednesday, 1st June, 2016 from 9.15 a.m. onwards at the Union Ballroom, Hilton Colombo Residences, Colombo 02.

Arjuna Mahendran, Governor of the Central Bank of Sri Lanka and Upul Jayasuriya, Chairman, Board of Investment of Sri Lanka are expected to speak at the Forum. Malik Samarawickrama, Minister of Development Strategies and International Trade will grace the occasion on behalf of the Government of Sri Lanka. The Forum will provide an opportunity for the local business community to interact with the members of the delegation.

The Business Delegation will comprise of representatives from various sectors such as Export-led Manufacturing, Food processing /sourcing/services, Information Technology/ Business Process Outsourcing, Hospitality and Tourism related, Education, Logistics, Oil & Gas and Chemicals, Agri-commodities Trading, Infrastructure solutions (waste/water/utility management, building & construction related) etc. The Business Forum will be followed by one-to-one business meetings and a networking lunch with the delegation.

The Sri Lanka – Singapore Business Forum is expected to be well attended by key decision makers in the private sector seeking collaboration and joint investments.

“Foreign direct investment is the need of the hour and the establishment of new partnerships and confidence building is a prerequisite. The Business Forum would be an ideal environment not only to establish new business links with Singapore companies but also to provide an insight into the favourable investment climate in Sri Lanka” said the President of the Sri Lanka Singapore Business Council, Shamil Mendis.