At an investment forum
conducted by the Board of Investment of Sri Lanka, Anura Priyadharshana
Yapa Minister of Mass Media and Information and Minister of Enterprise
Development and Investment Promotion welcomed Wang Shicheng, President of
the Light Industry Association and his 50 strong Trade and Investment
Delegation from the Peoples Republic of China, who are visiting Sri Lanka
to look at ways to develop further bilateral economic exchanges.This
delegation included representatives from leading Chinese enterprises in
economic sectors as diverse as giftware, handicrafts, electric appliances,
glassware, chemicals and leather industry products.
Minister Yapa outlined the strategy Sri Lanka adopted to expand trade
and attract more investment from China. The methods adopted included using
High Level State visits such as the Presdential Visit to China in honour
of the 50 years of Diplomatic Relations between Sri Lanka and China.
During this visit the BOI had organized investment fora in Beijing,
Shanghai and Guangzhou. At such meetings Chinese audiences were briefed on
the BOI’s benefits to investors. In addition many Sri Lankan entrepreneurs
were present creating possibilities for setting up joint ventures with
Chinese enterprises.
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