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Sri Lanka turnaround focus of ‘Economic Summit 2018’

ECONOMYNEXT – An economic forum organised by the Ceylon Chamber of Commerce, Sri Lanka’s main business chamber, will focus on turning around the economy after weak local growth, rising global commodity prices and uncertainty in global trade.

The “Sri Lanka Economic Summit 2018” is to take place on 12th – 14th September at Cinnamon Grand Colombo on the theme “On the Fast Track to a Turnaround”.

Sri Lanka’s economy is once again at a crucial juncture in need of a swift and well strategized turnaround to bring about economic stability and development, a chamber statement said.

“This is in the backdrop of weak local economic growth, rising global commodity prices and uncertainty in global trade.

”At this year’s summit, the emphasis will be on shaping a turnaround for the Sri Lankan economy whilst delving deep into areas such as trade, investment and services that will help drive this,” the chamber said.

“The focus will also be on learning from successful companies and steering the bureaucracy to work more effectively, thus meeting the emerging challenges.”

The three-day summit will be an opportunity to learn about government plans to develop the Sri Lankan economy as well as the progress in implementation of plans.

It will also help to identify potential sectors and projects for investment in Sri Lanka, to clarify concerns with key government officials andindustry leaders, and also to meet and network.

Last year’s Economic Summit saw the participation of many chairpersons, CEOs, directors, senior managers, foreign investors, senior government officials, and academics.

“The outcomes of the discussions held at last year’s summit have led to policy strategies such as the Innovation and Entrepreneurship strategy and Digital Economy Strategy,” the statement said.
(COLOMBO, June 11, 2018)





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