First-ever investor forum for Eastern Province

Friday, 3 January 2014 04:32 -     - {{hitsCtrl.values.hits}}

By Shabiya Ali Alham The New Year is heralding good times for the Eastern Province as it will receive much emphasis with the first-ever international investment forum in the region scheduled to take place on 17 January. With the intention of seizing employment and wealth creation opportunities, the forum titled ‘Invest in East’ aims to attract local and Foreign Direct Investment (FDI) in the post conflict economy to the region. The event is organised by the Ministry of Agriculture, Animal Production and Development, Rural Industries Development and Fisheries and Tourism of the Eastern Province, in collaboration with the Ministry of Economic Development and Ministry of Investment Promotion, and will gather about 200 potential investors from round Sri Lanka and abroad. Speakers at ‘Invest in East’ will be ministers of central and provincial governments, Government officials, top heads of industries, tour operators and corporate bodies, amongst others. The conference will shed light on topics such as current trade and investment climate in the east, opportunities on offer when investing in the region, project financing, and infrastructure rollout plan. Discussed at length will also be the needs for FDI in the east, along with areas such as creating an enabling environment for attracting FDIs, investment obstacles, and mitigation strategies. The conference registration will be by invitation and prior registration on a first-come, first-serve basis. FT Alert Those interested in participating in ‘Invest in East’ are expected to send in the duly completed registration form on or before 10 January to the Forum Secretariat. For information on registration, visit www.investineast.lk or email [email protected].

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