BOI signs MoU with OBG
The Board of Investment (BOI) signed a Memorandum of Understanding (MoU)
with Oxford Business Group (OBG), a global publishing, research and
consultancy firm, for its forthcoming report on Sri Lanka's economy.
The report 'Sri Lanka 2016' will analyse the current drivers of
economic growth, which include industry and construction, while
exploring the country's expanding tourism sector.
The publication will also offer in depth analysis of the part that
exports play in maintaining the economic boom, led by textiles and
tea.Executive Director, Investment Promotion, BOI, Renuka Weerakone
said, "Sri Lanka's fast-paced growth, which has topped 7% over the past
two years, is attracting the attention of investors keen to learn more
about what the country has to offer."
"Oxford Business Group's report will play a vital role in this
regard, filling information voids and relaying the opportunities and
investment incentives available here.
I look forward to supporting its team as it begins research for this
important country report."OBG's Managing Editor for Asia, Paulius
Kuncinas said he expected the Group's 2016 report on Sri Lanka to
analyse what the country's promotion to middle-income economy signalled
beyond the short term.
"Investors are concerned about elections and political transition
this year. However, forecasts of stronger growth in advanced economies
bode well for exports, while the country should also gain from higher
consumption at home," he said.
"Sri Lanka's Board of Investment has an in-depth understanding of
these and other shifts taking place in the country's economic landscape,
which will be of key interest to the international investment community.
I welcome the opportunity to work with its representatives on this
landmark report which we're confident will prove to be a valuable tool
for industry leaders."
The Report: Sri Lanka 2016 will be a vital guide to the many facets
of the country, including its macroeconomics, infrastructure, banking
and other sectoral developments. The publication is expected to be
published in Q4 of 2015 and will be available in print or online. |