The Board of Investment (BOI) of Sri Lanka hosted a delegation from the Guangzhou municipal Government headed by Tu Hongze, Vice Counsel, with the delegation expressing confidence in investing in Sri Lanka. The 6-member delegation was on a fact finding visit to evaluate the possibility of enterprises from Guangzhou formally known as Canton, investing and [...]

Business Times

Chinese delegation from Guangzhou expresses confidence in Sri Lanka

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The Board of Investment (BOI) of Sri Lanka hosted a delegation from the Guangzhou municipal Government headed by Tu Hongze, Vice Counsel, with the delegation expressing confidence in investing in Sri Lanka.

The 6-member delegation was on a fact finding visit to evaluate the possibility of enterprises from Guangzhou formally known as Canton, investing and trading with Sri Lanka.

The delegation was briefed on investment opportunities by a team of the BOI comprising Nilupul De Silva, Director (Promotion), Dilip S Samarasinghe, Director (Media & Publicity) and Vipula Jayasinghe, Senior Deputy Director (Promotion – China Desk Officer).

Mr. Tu, the leader of the delegation, said Guangzhou is an integral component to China’s programme of economic integration of the Asia, Middle East, Africa and Europe regions, known as the One Belt One Road programme.

Hence companies from Guangzhou have engaged in investing over US$1,700 million in approximately 60 countries. Many of these projects are in the area of tourism, he said adding that he was keen to see more Sri Lankan visitors to China while expecting the growth of Chinese tourists arrivals to Sri Lanka continue.

“We are looking at opportunities. We have learnt a lot from the presentation done by the BOI and are keen to send the message that Sri Lanka is an ideal tourism destination which combines beaches, nature and historical sites,” he added, according to a BOI media release.

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