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Sri Lanka Economic Summit organised by Ceylon Chamber to focus on PPPs

Sri Lanka Economic Summit organised by Ceylon Chamber to focus on PPPs

EconomyNext: The Sri Lanka Economic Summit organised by the Ceylon Chamber of Commerce will focus on the potential for public-private partnerships to drive Sri Lanka’s growth, the trade body said.
The event on ‘Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic Policies’ starts on January 28 at the Shangri La Hotel Colombo.
A January 29 session will examine ‘The Right Reforms for Transformational Growth’ focusing on the South Korean story of economic transformation, and potential applications to Sri Lanka’s development trajectory.
It will explore medium-term opportunities for Sri Lanka, the chamber said, and “leverage the expertise of a high-profile panel representing leading multinational corporations, local conglomerates, the energy, ports and capital market sectors, and multilateral agencies.”
The session’s keynote address will be delivered by Dr Kyungjin Song, Country Representative for Korea at The Asia Foundation.
Dr Song has over 25 years of experience spanning public service, international affairs, and economic diplomacy.
She currently serves as a member of the Advisory Committee of the Ministry of Foreign Affairs with a special focus on economic diplomacy and is Korea’s coordinator for the Korea-India Strategic Dialogue in the Seoul Forum for International Affairs.
The panel comprises ADB Country Director Takafumi Kadono, John Keells Holdings Chairman Krishan Balendra, Unilever Sri Lanka Chairman/CEO Ali Tariq, Colombo West Intl Terminal CEO Munish Kanwar, and Tundra Fund Founder/Chief Investment Officer Mattias Martinsson.

OSL take:
Sri Lanka’s ongoing economic expansion along with the target of becoming a hub in the South Asian region have all set Sri Lanka on a development path. The country’s ongoing development path that also includes reforms as well as overall economic expansion, have opened up many new business/investment opportunities in all key economic sectors. These opportunities have presented many lucrative business ventures for foreign businesses/investors that they could engage in directly or through local collaborations. Sri Lankan authorities have also invited foreign businesses/investors to the country while also presenting opportunities to set up PPPs in the country’s public sector reforms and development programme. Given Sri Lanka’s increasing business potential supported by a resilient and growing economy supported by the country’s geographical positioning in the Indian Ocean and the strong trade ties enjoyed by Sri Lanka with many foreign countries, the country possesses all the elements to ensure lucrative business opportunities for foreign businesses/investors. Therefore, the Sri Lanka Economic Summit this month could be used to explore the increasing business/investment opportunities in the country as well as look at the best PPP opportunities.

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Article Code : VBS/AT/20250108/Z_2

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