Aloe Blacc keen to promote Sri Lanka as attractive investment destination
Daily FT: Internationally renowned singer, songwriter, and entrepreneur Aloe Blacc yesterday arrived in Sri Lanka at the invitation of the Government and Sri Lanka Tourism, marking a significant visit that extends beyond music.
He was extended a warm welcome by Senior Adviser to the President on Science and Technology Prof. Gomika Udugamasooriya upon his arrival at the Bandaranaike International Airport (BIA).
Speaking to the media, Blacc noted that this was his first visit to Sri Lanka and he was excited to visit various parts of the country, whilst also expressing his interest to explore investment opportunities for the development of Sri Lanka.
“My relationship with Prof. Gomika has given me the opportunity to visit Sri Lanka and learn more about the country, to find ways to be part of the development and growth of this beautiful nation,” he said, adding that during his stay he plans to visit the southern beaches, and Sigiriya.
Blacc also expressed that it is a remarkable opportunity to collaborate with the Sri Lankan Government and the National Initiative for Research and Development Commercialisation (NIRDC).
Prof. Udugamasooriya noted that the Blacc was prepared to invest in Sri Lanka, including the tourism sector.
Issuing a statement, the PMD noted that although best known for his chart-topping hits like ‘I Need a Dollar’ and ‘Wake Me Up’, Blacc’s trip underscores his growing influence in biotechnology, healthcare innovation, and entrepreneurship.
Blacc emphasised that he is delighted to contribute to the story that conveys to the world that Sri Lanka is an attractive investment destination.
He also highlighted the unique chance to observe first-hand the numerous investments taking place in Sri Lanka, including both new and established enterprises, as well as the innovative concepts being developed.
Blacc noted his connections with numerous investors in the US and across the globe, to whom he plans to share the story of Sri Lanka’s potential.
During his two-day stay in Sri Lanka, Blacc is expected to engage with local entrepreneurs, artists, fostering collaborations that could benefit both the cultural and scientific communities.
OSL take:
The increasing business potential in Sri Lanka, in-line with the country’s growing economy, has attracted the attention of many foreign businesses/investors. It is in such a backdrop that Aloe Blacc had visited the country to explore and promote business/investment opportunities in Sri Lanka. Sri Lanka’s strategic position in the Indian Ocean, the many trade agreements as well as concessions enjoyed by the country with many foreign countries and the target of becoming a hub in the South Asian region have all served to attract foreign businesses/investors to explore the expanding business/investment opportunities in Sri Lanka. Given the ongoing economic activities and the overall economic expansion in Sri Lanka have made the country an emerging business destination in the region making it the best venue for foreign businesses/investors to set up bases to engage with other countries in the region using the preferential treatment enjoyed by Sri Lanka with many countries in the Asian region. With the expanding business/investment opportunities in Sri Lanka and the increasing interest shown in these opportunities by foreign businesses/investors, other foreign businesses could also confidently explore the growing opportunities in Sri Lanka. Local businesses in Sri Lanka also present possibilities of forming partnerships or joint ventures for foreign businesses looking at expanding operations.
| Article Code : | VBS/AT/20250318/Z_3 |