SEMINAR ON OPENING OF NORTH & EAST AND BUSINESS OPPORTUNITIES

Central Bank reports reveal that the main concern for 2009/2010 is slowing growth, deteriorating balance of payments and meeting fiscal targets. The global crisis and economic slowdown has resulted in a weaker demand for Sri Lankan exports. Apart from these, positive aspect of the country economy is the ending of Terrorism which has paved the way to open North and East for Industrialists, Agriculturists, Tour operators, Educationists and free movement of goods, services and people

The liberation and reconstruction of North and East would give a stimulus to the Sri Lankan economy. As such the Central Bank has reported, “If financing is available, growth is forecasted to rebound to 6% in 2009/2010”. This indicates the important measure required for the economic recovery of Sri Lanka, “making available adequate finance”. One way of achieving this is by creating awareness of the business opportunities available in North and East for investors to achieve a competitive and comparative advantage for their products and services

The International Chamber of Commerce of Sri Lanka extends its full support and cooperation on this endeavor to achieve economic development of Sri Lanka

A proactive seminar on “Opening of North & East and Business Opportunities” is a result of this determination

ICC Sri Lanka has mustered the support of Central Bank, BOI, Government Peace Secretariat, ADB, Ministry of Social Services & Social Welfare to a dialogue with representatives of important sectors of economic growth

This is the beginning, there’s a lot more to accomplish. We will get together and work towards this goal in order to develop the economy and Sri Lanka, since it is now One country, One Nation and One objective, which is Economic Prosperity

Mr. Tissa Jayaweera
Chairman ICCSL