Sri Lanka’s real estate sector and its opportunities to be discussed at forum in Maldives next week
The many investment opportunities in Sri Lanka’s real estate sector are to be discussed at a forum to be held next week in the Maldives.
The forum on 4th March in Malé organized by the Research Intelligence Unit (Pvt) Ltd. (RIU), will be a business networking platform with Maldivian investors and Sri Lanka industry experts, the local media has reported quoting a media release.
Accordingly, the RIU Investor Forum 2019 will see some leading developers from Sri Lanka such as John Keells Holdings, Capitol Developers by Sanken and Prime Group.
“The Maldives has made rapid progress in recent years to become a middle-income country and at present, showcases the highest per-capita GDP in the South Asian region,” the statement has noted.
“Consequently, both Maldivian businesses as well as entrepreneurs have been actively engaged in real estate investments in Sri Lanka, Malaysia, Singapore, the United Kingdom and many other countries.”
Reports have stated that for most Maldivians, Sri Lanka has been the perennial favourite second home destination, with the Maldivian population resident in Colombo estimated at between 11,000 – 16,000.
The panel sessions and presentations will discuss real estate investments in Sri Lanka, with a specific focus on the residential market in Colombo, and regulations and support systems for Maldivian nationals in Sri Lanka, the statement has added.
OSL take:
Sri Lanka’s real estate sector is on a continuous growth path supported by the government’s development programme. Development taking place in many sectors of the country has resulted in a growing demand in Sri Lanka’s real estate sector. Therefore, foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s real estate sector and the forthcoming forum in the Maldives would provide an opportunity to do so.
| Article Code : | VBS/AT/20190301/Z_2 |