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Biz pact promoting regional development

Local and foreign investors are demonstrating increasing confidence and enthusiasm in investing in the peripheral regions of Sri Lanka, taking advantage of the post war opportunities for rebuilding the nation.

This is evidenced through the interest that is being generated in the "BizPAct Invest in Sri Lanka symposium", the first major post-war initiative to attract both national and international investments to the peripheral regions of Sri Lanka. The symposium is convened by The Business for Peace Alliance (BPA), Sri Lanka’s network of regional business chambers.

"BizPAct" seeks to build a unique platform linking big business based in Colombo, international investors and Sri Lankan investors domiciled overseas, together with the small and medium scale businesses and entrepreneurs in the regions throughout Sri Lanka

Supported by Government agencies and big business chambers, the BizPact investment programme will take place in Colombo on 25 and 29 June, coupled with facility visits to the regions on from 26-28 June 2009

"BizPAct" is planned to be a highly interactive and participatory programme. Colombo based business representatives, Sri Lankans domiciled overseas and foreign investors will get an opportunity to confer with high level policy makers, government officials and leading members of the regional business community, representing all the regional chambers of Commerce throughout Sri Lanka and obtain insights on the opportunities and challenges in investing in the regions in the post war scenario.

The high level policy makers who are billed to participate in the event are Dr. Sarath Amunugama, Minister of Public Administration and Internal Affairs , Anura Priyadarshana Yapa, Minister of Enterprise Development and Investment Promotion, Kumara Welgama, , Minister of Industrial Development, Mano Wijeyratna, Minister of Enterprise Development, Faizer Musthapa,, Deputy Minister of Tourism, Dr. Palitha Kohona, Secretary, Ministry of Foreign Affairs and Prof. Rajiva Wijesinha, Secretary General, Secretariat for Coordinating the Peace Process & Secretary, Ministry of Disaster Management & Human Rights.

In addition to the programme in Colombo, participants are also offered the opportunity to participate in a two day visit to a geographical cluster of their choice regions and obtain first hand information on the ground realities in investing in the regions through joint venture business propositions, partnering with successful members of the regional business community. Several projects for such joint ventures endorsed by a committee of experts are also being showcased at "BizPAct"

The Ministry of Foreign Affairs, Board of Investment, Sri Lanka Tourism Development Authority, Secretariat for Co-ordinating the Peace Process, National Chamber of Exporters, American Chamber of Commerce, the European Chamber of Commerce in Sri Lanka, International Alert and Young Entrepreneurs Sri Lanka are partnering BPA in this Conference.

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