CCC to hold seminar on opportunities created by Hambantota Port agreement
The Ceylon Chamber of Commerce (CCC) will conduct a seminar titled, “South Asia’s Emerging Gateway City: Investment Opportunities in the Hambantota Port and Logistics and Industrial Zone” on September 22nd.
The seminar will discuss the USD 1.2 billion agreement the Sri Lanka Ports Authority (SLPA) entered into with the Chinese state-run, China Merchants Ports Holdings (CMPH) where the SLPA agreed to handover a 70% stake in the Hambantota Port to CMPH with the intent that it will provide growth to the country’s Southern Province.
According to the CCC, “The Port, as well as the new Logistics and Industrial Zone, would have business opportunities for a range of sectors and provide new prospects for FDI – particularly through joint ventures between foreign and Sri Lankan firms.”
Key government officials and the members of the senior management of SLPA and CMPH will discuss how the project will be implemented, its future prospects and how other parties can form business collaborations in regard to the project.
The agenda for the seminar is as follow:
Session Chairperson: Dhara Wijayatilake, CEO, Ceylon Chamber of Commerce
- “Hambantota Logistics and Industrial Zone – Vision for the Future”
Mr. Mangala Yapa – Managing Director, Agency for Development Strategies
- “Hambantota Port: Development Strategy”
Dr. Parakrama Dissanayake – Chairman, Sri Lanka Ports Authority
- “Road Map for Development of Hambantota Port”
Mr. Hang Tian, Deputy General Manager, China Merchant Port Holdings Company Ltd.
The seminar is ideal for those interested in becoming one of the initial entrants to Sri Lanka’s logistics industry which is poised to experience exponential growth.
Interested persons can contact OSL for further details on or before September 15, 2017.
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