Financial Times

First major post-war investor confab for regional development


In the first major post-war initiative to attract both national and international investments to the peripheral regions of Sri Lanka, the Regional Investment Conference, “BizPact”, will be convened in Colombo this month.

The Conference is convened by The Business for Peace Alliance (BPA), Sri Lanka’s network of regional business chambers. It seeks to build a unique platform, linking big businesses based in Colombo, with international investors and Sri Lankan investors domiciled overseas, and small and medium scale businesses and entrepreneurs in the regions throughout Sri Lanka, according to BPA officials.

BPA said the conference, supported by government agencies and business chambers, will he held on June 25-29 and supplemented with visits to the regions. Suresh de Mel, Chairman, BPA, said the small and medium scale entrepreneurs (SMEs) throughout Sri Lanka are ready to take advantage of the emerging window of opportunity to rebuild the nation and collaborate with investors using the “bottom up” approach to development. He added that the “BizPact” programme is a long-term programme designed by BPA.

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