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Sunday, 25 September 2011

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Despite ME crisis:

NCE chief commends export performance



Sarath de Silva

Despite the Middle East crisis, which has affected some of our traditional markets, the financial crisis in Europe, our major markets, and the US debt crisis, we the exporters have performed extremely well recording a 30 percent growth in the first few months of this year.”

President, National Chamber of Exporters (NCE) Sarath de Silva at the 19th awards ceremony of the NCE said: “We are in the threshold of an economic boom, in a country full of hope.

We also live in an era, where development is taking place around us. The Southern Hambantota Port, and five more ports are being developed, mega power generation units, new airports and super highways are being built. Logistic and infrastructure development are essential for proper functioning of the export industry.

Economic indicators, lowering of bank interest and control over inflation, have made it possible for us to plan our budgets. As exporters, we would definitely like the Dollar parity rates to be favourable to exports.

Our strategic geographical location, is the reason why Sri Lanka is in the trade and tourism map. It is now when we are aware of our potential, the country’s potential, and the role we play in the world stage with a dynamic leader.

President Mahinda Rajapaksa, whose commitment and determination to make Sri Lanka the ‘Wonder of Asia’, we definitely have a lead role to play to support his vision. Exporters are now earning $ 9b as export turnover, and we expect to reach closer to $ 10b by the end of this year, and $ 15b by 2015.

The NCE is supportive of the Government, to assist them in achieving their target of $ 20b by 2020. Let us consider ourselves lucky to live in a country that is full of hope, and happiness.

Our per capita income which is $2053 is expected to be $ 4,000 by 2016, which will make our industrialists, to have a larger domestic market, that can cater to a population with a greater buying power. Hence, today we are standing in the threshold of an era, that past generations could have never have dreamt of.

The NCE has its own plans firmly ensconced for the next 12 months and we will be celebrating our 25th year this November.

 

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