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Japan’s Kansai firms keen on investing in Sri Lanka

ECONOMYNEXT – The Ceylon Chamber of Commerce has signed ‘Agreement of Cooperation’ to promote two way commercial ties with Japan’s Kansai Economic Federation whose firms want to invest in Sri Lanka.

It enables both sides to exchange information on economic and business trends in the two countries, cooperate in trade, investment, environment conservation and energy-saving and work on human resources development.

A statement said the agreement’ was signed at a ‘Round table’ meeting with a top Japanese business delegation, led by the Kansai Economic Federation to explore business opportunities in the island.

It was held by the Ceylon Chamber of Commerce together with the Sri Lanka – Japan Business Cooperation Committee.

Masayuki Matsushita, Vice Chairman and the Chairperson of the International Committee of the Kansai Economic Federation said Kanzai region has a strong interest in expanding business to Sri Lanka.

Japanese firms such as Panasonic, Mitsubishi, Nippon Express, Takenaka Corporation, Hitachi Zosen, Marubeni Corporation, Daikin Industries, Mitsui and Company limited and Kyoei Steel Limited took part in the talks with Sri Lankan firms.  (Colombo/October 27 2015)

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