Asian Development Bank’s 54th Annual Meeting of Board of Governors to be held in Sri Lanka in 2021
The Finance Ministry of Sri Lanka has announced that the 54th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) is to be held in Colombo in May 2021.
The Annual Meeting of the ADB Board of Governors is an opportunities for member governments to interact with ADB staff, nongovernment organizations (NGOs), and representatives of observer countries, international organizations, and the private sector, the Ministry stated.
ADB’s Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.
According to the Finance Ministry, over 3000 Delegates from 67 member countries will attend this meeting, and Finance Minister Mangala Samaraweera has on Tuesday held the preliminary discussion with Colombo hoteliers regarding the arrangements of logistical facilities for the conference.
Over 3000 rooms are estimated as needed for the delegates.
The decision to hold the 2021 annual meeting of the ADB was taken at its 52nd meeting held in Fiji early this month.
The next meeting of the ADB is scheduled to be held in South Korea in 2020.
OSL take:
The holding of the annual meeting of the Asian Development Bank in Sri Lanka in 2021 that would bring in thousands of delegates to the country is indicative of the level confidence the international community has in Sri Lanka. The country would also have to upgrade it’s existing facilities to provide the requirements of the confab. This would open up a host of business/investment opportunities in Sri Lanka.
| Article Code : | VBS/AT/31052019/Z_4 |