CCC Economic summit to spread wings of development

by Lalin Fernandopulle

The Ceylon Chamber of Commere (CCC) in collaboration with the Board of Investment of Sri Lanka (BOI) will host the Sri Lanka Economic Partnership Summit for the second consecutive year under the theme Spreading the Wings of Development from June 6-8 in Colombo.

The Summit which is a key initiative of the CCC will focus on driving a double digit growth in the economy, enhancing trade and investment and creating private-public sector partnership for infrastructure development and increasing competitiveness for productivity.

Chairman CCC, Mahen Dayananda said the primary objective of the Summit is to bring about a consensus and partnership among the business community, civil society and the public sector to create a better Sri Lanka.

Interaction and dynamism between the private and public sector is necessary to implement a comprehensive economic policy for the country. The dual role of the two sectors cannot be sidelined if development is to be taken to the periphery of the country, Dayananda said.

When asked what impact had the previous summits made on the country's economy, he said the outcome of the conventions has made a positive impact on the formulation of policies by the Government and taking development to the village.

Dayananda said the Summit will deliver results adding that it would not be mere rhetoric and a set of proposals.

Vice Chairman CCC J. Bandaranayake said the chamber has selected an appropriate theme for the Summit and it would ensure that the benefits of economic growth will trickle down to the masses.

Co Chairman-Conventions Committee Prof. Lakshman R. Watawala said the Economic Summit will be in line with the standards of international summits with local and foreign participants from key sectors.

He said the event will be similar to the Indian Economic Summit with the participation of professionals from the private and public sector.

The three-day Summit will deal with vital sectors such as agriculture, apparel, capital markets, business process outsourcing, tourism and IT. The CCC has been organising conventions since 2001 focusing on investments. There will be over 300 local and foreign participants this year.

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