Over 4,500 participate in Sri Lanka Investment Forum | Sunday Observer

Over 4,500 participate in Sri Lanka Investment Forum

12 June, 2021

The 2021 Invest Sri Lanka Forum, organised by the Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange, which commenced on Monday, June 7, concluded on Wednesday, June 9.

Around 2,200 people from 85 countries and 2,500 local participants took part in the virtual forum. The conference consisted of 118 sessions with 108 local and foreign officials, leading entrepreneurs and global experts sharing information on foreign investment opportunities in Sri Lanka.

The forum was inaugurated by President Gotabaya Rajapaksa, who outlined his vision for the spawning of a decade of growth culminating in the doubling of the economy. The President further pointed to the pivotal role local and foreign investors would play in the rapid transformation of the economy to reach a per capita income of US $ 8,000 within the current decade.

In inviting global investors to participate in Sri Lanka’s decade of growth, the President encouraged investors to seize the window of opportunity to leverage onSri Lanka’s strategic location as the gateway to South Asia, high quality human resources, unique tourism potential, progressive policy environment and inherent political stability, among other factors.

Day two of the event was launched by Prime Minister Mahinda Rajapaksa, who said that Sri Lanka has embarked on a wide range of development initiatives to encourage investment and has created a conducive business environment.

Day three was launched by the State Minister for Money and Capital Markets and State Enterprise Reform, Ajith Nivard Cabraal.

The forum was streamed globally through Microsoft Teams and Youtube platforms accommodating multiple time zones and Dialog TV and Peo TV for Sri Lankan television audiences. SLIF 2021 generated value to current and potential investors. Forum sessions can be accessed via invest-srilanka.lk in replay mode.

The forum was enriched by investor testimonials from across FDI and Portfolio spheres, and contributions from a galaxy of international speakers.

Investment opportunities and concessions in various economic sectors as well as the favorable climate for Sri Lankan capital markets, in particular equities, were examined over several sessions. Country specific sessions for investors from China, Japan, India, South Korea, United Kingdom, European Union and United States were also held.