Hapag-Lloyd supports liberalisation of Lanka’s shipping and logistics sectors

Thursday, 16 November 2017 00:18 - - {{hitsCtrl.values.hits}}

Hapag-Lloyd India has expressed support for the Government’s move to liberalise the country’s shipping and logistics industry.

The Government’s initiative was announced last week by Finance Minister Mangala Samaraweera while he was presenting the 2018 Budget proposals.

Hapag-Lloyd India Ltd. Managing Director (India, Bangladesh and Sri Lanka) Dheeraj Bhatia, referring to the move to liberalise the shipping and logistics industry, said: “We fully support the liberalisation of the shipping industry in any country. We have experienced wide-ranging benefits for the local shipping industry in countries where Foreign Direct Investments are welcome.”

Bhatia explained that the presence of global players encourages free competition, which in turn results in cost efficiencies, higher quality and more efficient operations.

“We welcome the Budget 2018 proposals in Sri Lanka in this regard,” Bhatia said.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.