Thursday, September 24, 2009

Visiting Pakistan Investor Delegation is briefed by BOI on investment potential of Sri Lanka.


Pakistan Investor Delegation headed by the Secretary General of the PSLBF, Mr. Syed Farukh Mazhar met BOI officials headed by Mr. Dhammika Perera, Chairman / Director General. Mr. A M C Kulasekera, Deputy Director General (Investment), Mr. Duminda Ariyasinghe, Executive Director (Investment Promotion), Mr. V. S. Sidath Kumar (Consul General from Consulate General of Sri Lanka Karachi) and leading businessmen from Pakistan attended the occasion.

Visiting Pakistan Investor Delegation is briefed by BOI on investment potential of Sri Lanka.

The BOI conducted a presentation highlighting the opportunities Sri Lanka offers to investors, to a 22-member delegation from Pakistan Sri Lanka Business Forum (PSLBF) today. The delegation headed by the Secretary General of the PSLBF, Mr. Syed Farukh Mazhar comprised of Consul General from Consulate General of Sri Lanka Karachi, Mr. V. S. Sidath Kumar and leading businessmen from Pakistan.

Mr. Dhammika Perera, Chairman / Director General welcomed the delegation on behalf of the BOI and highlighted the friendly bilateral relations existing between Pakistan and Sri Lanka. This was followed by a comprehensive presentation on Sri Lanka‘s potential for investment, which highlighted the country’s natural and human resources, her position as a business hub, and the incentives offered to investors by the BOI. The presentation focused on Sri Lanka liberal economy and the international Free Trade Agreements she enjoys with India, with Pakistan and the European Union (GSP+).

Mr. Syed Farukh Mazhar congratulated the Sri Lankan Government on successfully eliminating terrorism in Sri Lanka. He expressed that since Sri Lanka has successfully eradicated terrorism, there is a huge potential for trade and investment from Pakistani enterprises. He further stated that relations between the two countries have been enhanced by visits from H.E President Mahinda Rajapaksa to Pakistan, where the President has also met the Pakistan Sri Lanka Business Forum.

The members of the delegation were from sectors such as security, textile and clothing, agriculture and dairy products, information technology, water products, shipping, herbal pharmaceutical products, steel products and vehicle manufacturing.

The objective of the Pakistan Sri Lanka Business Forum is to encourage and enhance business and friendly relations between the industrial and business communities of Pakistan and Sri Lanka

The BOI officials participating were Mr. Dhammika Perera, Chairman / Director General, Mr. A M C Kulasekera, Deputy Director General (Investment), Mr. Duminda Ariyasinghe, Executive Director (Investment Promotion) and Mr. C. Ignatius, Director (Promotion).

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