Sri Lanka-Korea Business Council holds forum to explore post Covid 19 investment opportunities

Sri Lanka-Korea Business Council holds forum to explore post Covid 19 investment opportunities

The Sri Lanka-Korea Business Council of the Ceylon Chamber of Commerce (CCC) had recently held a dinner meeting at the Water’s Edge to discuss potential investment opportunities in Sri Lanka.
The Guest Speaker was Sri Lanka’s State Minister of Urban Development, Coast Conservation, Waste Disposal and Community Cleanliness Dr. Nalaka Godahewa.
During the discussion, the Minister had spoken on new developments and investment opportunities in the area of urban development.
President of the Sri Lanka-Korea Business Council, Priyantha Mendis has reportedly noted that many Korean companies were keen to invest and partner in such projects in Sri Lanka.

OSL take:

The resumption of economic activities in Sri Lanka post Covid 19 lockdown last year, has opened up many new business/investment opportunities in the country. Sri Lanka’s economic indicators and performance of the stock market are indicative of the country’s economy returning to normalcy. Sri Lanka is also fast becoming a business hub in the South Asian region given its geographical positioning in the Indian Ocean and the many trade agreements as well as the trade concessions enjoyed by the country. Foreign businesses/investors could explore business opportunities in Sri Lanka as well as look at forming joint ventures/partnerships with local ventures.

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Article Code : VBS/AT/20210407/Z_2

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