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High level Japanese delegation visits Sri Lanka’s Hambantota Port

High level Japanese delegation visits Sri Lanka’s Hambantota Port

A high level delegation from Japan’s Ministry of Foreign Affairs (MOFA) has reportedly visited Sri Lanka’s Hambantota International Port (HIP) recently to get first-hand information on a wide range of subjects relating to activities and operations of the port as well as the economy of the Southern part of the country.
MOFA Foreign Policy Bureau Deputy Director Hamada Takashi and MOFA Policy Coordination Division Assistant Director Nakada Taihaku had led the delegation that met Hambantota International Port Services (HIPS) CEO Captain Ravi Jayawickreme, Commercial and Marketing Senior AGM Bindu Ranasinghe, and Port Investment Services AGM Lalith Ekanayake.
The port officials had briefed the delegation on the current developments and the Port’s business model.

OSL take:

Sri Lanka’s Hambantota Port is continuously expanding operations and business given the overall expansion in the country’s maritime industry. The port’s close proximity to the international shipping routes have also helped boost its business/investment opportunities. With Sri Lanka’s ongoing development programme and the positioning of the country as an emerging business destination in the South Asian region have resulted in the overall expansion of the country’s maritime industry, especially in the port’s, shipping and logistics sectors. Given the growing business potential in the country, foreign businesses/investors could explore the growing opportunities in Sri Lanka’s shipping industry.

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Article Code : VBS/AT/06052022/Z_1

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