ECONOMYNEXT – A Sri Lanka investment conclave to be held in Beijing this month seeks to draw Chinese investors to the island and promote joint ventures with local companies, an international investment group from China organising the forum said.
The conclave will be structured to include presentations on specific industrial projects with participants given the opportunity to identify partners and establish a foundation for future cooperation between Chinese and Sri Lankan enterprises.
“Chinese counterparts are expected to be represented by a number of major SOEs (state-owned enterprises) and other enterprises offering the potential for collaborative ventures,” a statement said.
The Sri Lanka Economic and Investment Conclave 2018, known as ‘SEIC 2018’, aims to bring together investors and enterprises, including both the established and aspiring, for potential collaboration in doing business in Sri Lanka.
“SEIC’s mission is to facilitate participation of reputed and most promising enterprises in the most dynamic economic opportunities that are available in Sri Lanka consistent with the Belt and Road Programme,” the statement said.
The forum is an initiative of Palitha Kohona, former permanent representative of Sri Lanka to the United Nations, who is now using his experience in international relations, trade, and law to attract investments to Sri Lanka.
Kohona manages the Sri Lankan chapter of Hairong Investments, which has shown interest in the island.
The forum also aims to explore opportunities for cooperation between China and Sri Lanka and in the region, and exchange information on trade and investment opportunities and expand economic and trade cooperation between the two countries.
The forum will be hosted by Hairong Investments International (Pvt) Ltd., China Federation of Industrial Economics and National Chamber of Commerce of Sri Lanka in collaboration with OSL—Opportunity Sri Lanka— investment magazine and legal and corporate consultants Trive International.
It will be held at the Sri Lanka Embassy in Beijing, China on 18 September 2018.
The statement said China Federation of Industrial Economics is China’s largest federation of industrial associations.
(COLOMBO, 05 September, 2018)