Business Times

African investors urged to look at Sri Lanka

A Sri Lankan business mission to Africa recently urged investors there to visit Sri Lanka and make use of the abundant opportunities available for foreign investors.

These comments were echoed by the President of the Sri Lanka – Africa and Middle East Business Council, Samantha Ranatunga, Managing Director/CEO of the Chemical Industries (Colombo) PLC, when addressing the business community during the recent trade and investment promotion mission to Egypt, Ghana and Togo. Mr. Ranatunga was the mission leader. The Sri Lanka – Africa and Middle East Business Council formed by the Ceylon Chamber of Commerce (CCC), organized its maiden trade and investment promotion mission to these three countries from December 4 to 11, 2009.

The CCC in a statement said the 8-member delegation comprised Alucop Cables Ltd. (Daya Panditha – Executive Director), Chemical Industries (Colombo) PLC (Samantha Ranatunga), Imperial Teas (Pvt) Ltd. (Nisal Weerasekera – Manager, International Marketing), Samson Rubber Industries (Pvt) Ltd. R.D.D. Abeythilake – Director Commerce), NMK Group of Companies (Manjula Narayana – Managing Director) and USS Shipping & Cargo Services (Pte) Ltd. (Mohamed Azweer – Director).
The mission was co-ordinated by Ms. Lilakshini de Mel, Senior Assistant Secretary General of the Ceylon Chamber of Commerce.

The Sri Lanka Embassy in Egypt organized one to one business meetings for the delegates in association with the Alexandria Chamber of Commerce and Industry, Egypt Businessmen Association and the Federation of Egyptian Chambers of Commerce & Industry enabling members of the delegation to interact with potential business partners in addition to individual business meetings arranged with main importing agencies of the Government of Egypt.

The Ghana National Chamber of Commerce and Industry and the Togo Chamber of Commerce and Industry stated that this is the first occasion in which a group of businessmen from Sri Lanka visited Ghana and Togo on a trade and investment promotion mission.

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