Lanka's investment opportunities promoted in Singapore

A seminar on 'Opportunities of Doing Business in Sri Lanka' was organised by the High Commission of Sri Lanka in Singapore in collaboration with the Singapore Business Federation (SBF) and International Enterprise (IE) Singapore at the auditorium of the SBF, with the participation of over 100 senior executives from companies in Singapore.

High Commissioner for Sri Lanka in Singapore Ferial Ashraff delivered the opening address while Assistant Executive Director of the SBF Thian Tai Chew made the welcome remarks.

The main presentation, highlighting the emerging investment opportunities in Sri Lanka was made by Executive Director (Investment Promotion) of the Board of Investment of Sri LankaDuminda Ariyasinghe. Regional Director of Asia Pacific Breweries Ltd Vivek Chhabra, having two manufacturing units in Sri Lanka, shared his experiences in doing business in Sri Lanka.

IE Singapore, a co-organiser of the seminar, through a detailed statistical expose,' urged the participants to positively consider Sri Lanka as a destination for outward investments.

Shamil Mendis, President Singapore-Sri Lanka Business Council, which is affiliated to the Ceylon Chamber of Commerce and the leader of the 17-member high-powered business delegation briefed the participants on how services of the Business Council could be used by their Singaporean counterparts in forging mutually beneficial business alliances.

The Commonwealth Business Forum in Singapore was also launched at the seminar.The seminar was followed by a well-structured session of one-to-one business meetings between the members of the Sri Lankan business delegation and their Singaporean counterparts.A networking dinner was also hosted for the business delegation, which provided an opportunity for members to interact with prospective Singaporean businessmen.

Two networking sessions with the Singapore-Indian Chamber of Commerce and Industry and the Singapore Malay Chamber of Commerce and Industry were also organised.