Sri Lanka Investor Forum in Sydney draws institutional investors


The Invest Sri Lanka Investor Forum hosted in Sydney yesterday by the Colombo Stock Exchange (CSE) in association with the Securities and Exchange Commission of Sri Lanka (SEC) drew over 150 participants including Institutional Investors, High-net-worth individuals, Sri Lankans living in Sydney and other individuals with a business interest in Sri Lanka.

The interest in Sri Lanka was evident from the lively interaction the participants had with the Sri Lankan delegation at the Question and Answer (Q&A) session, with topics ranging from opportunities in the stock market, foreign investor participation in future infrastructure developments, the ease of investing in the Sri Lankan stock market and the future economic potential of Sri Lanka.

Making the keynote address at the event, Niroshan Perera the State Minister of National Policies and Economic Affairs stated "I urge you to recognize the enormous promise and potential of the emerging New Sri Lanka, built on the foundation of the Government’s new agenda of administrative and economic reforms and ease of doing business. On behalf of the Sri Lankan Government I would like to pledge our continued commitment to facilitating investments and stimulating the establishment of transparent and well governed institutions." Stating that Sri Lanka is poised for a renewed drive of development, the minister added that the present Government envisions a globally competitive, export-led economy driven by revolutionary thinking and bold policies. "We expect to drive the nation towards achieving middle income status, while maintaining a strong focus on sustainable economic growth and good governance" the minister added.

The Sri Lankan High Commissioner to Australia, Somasundaram Skandakumar speaking at the event, outlined that economic and social progress in Sri Lanka seen in recent times has been complemented by a renewed confidence in the country among the international community, especially in Australia. Adding to his remarks the High Commissioner invited members of the audience to visit Sri Lanka to experience first-hand, the benefits of playing a part in a resilient growth story.

Director General of the SEC Vajira Wijegunerwardane speaking at the event expressed his confidence of the market’s prospects beyond 2017 and said "We are resolute and unwavering in our insistence on better, more facilitative regulation across the board.

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