- Scheduled for 6th 7th and 8th April 2021
- To target direct and portfolio investors
- Investment case to feature macro perspective and 1:1 project/equity pitches
The Board of Investment of Sri Lanka (BOI), Colombo Stock Exchange (CSE) and Ceylon Chamber of Commerce (CCC) are set to organize a first-of-its-kind virtual investment forum to collectively promote direct and equity investment opportunities in Sri Lanka on 6th 7th and 8th April 2021. The event is expected to attract investment interest from around the world, including high-net-worth individuals and institutional investors. The event will discuss the macroeconomic landscape in Sri Lanka and will highlight all major projects and ventures open for direct investment while also featuring the investment case for CSE listed companies.
The virtual forum will be organized considering the convenience of investors based in multiple time zones and will feature an eminent line-up of speakers, presenters and panellists including policy makers and business leaders who are expected to collectively make the case for investment in Sri Lanka. It will also facilitate investors to engage one on one with key project owners and leading listed companies.
BOI, CSE and CCC unite to organize this initiative to support the Sri Lankan Government’s bid to attract foreign inflows into the economy, which is imperative to Sri Lanka’s post-COVID economic revival. The event will be organized under the guidance of BOI Chairman Mr. Sanjaya Mohottala, CSE Chairman Mr. Dumith Fernando and CCC Chairman Dr. Hans Wijayasuriya who will offer leadership and direction to the organizing committee consisting of members of the three institutions. The initiative expects to gather the support of the wider stakeholder base in the direct investment and capital market space in Sri Lanka, including BOI and CCC members, project promoters, CSE listed companies, Stockbroker Firms, Investment Banks and other partners.
Commenting on the initiative, the Chairman of the BOI Mr. Sanjaya Mohottala stated “BOI, CSE and CCC represent our Government, our Capital Markets and our Private Sector, the most significant custodians of the economy – and this is a historic coming together of key stakeholders to holistically promote Sri Lanka as an investment destination. Many policy changes have been effected last year, despite the challenges posed by the global pandemic, and this forum is an excellent platform to make the global investor community aware of the strong fundamentals we have created, and thereby a much more conducive investment climate which is set to usher in a decade of growth for Sri Lanka.”
CSE Chairman Mr. Dumith Fernando notes that the CSE is looking forward to collaborating with the BOI and CCC to collectively pitch the investment case for Sri Lanka adding that, given the current climate, joining forces with these institutions is the best approach for maximum impact in the interest of the nation. He stated that portfolio investors will be keen to understand the macroeconomic policy direction while the format of this forum will offer foreign investors a wider perspective on the growth trajectory and investment climate in Sri Lanka as it will also feature direct investment opportunities. He noted that while the CSE has over the years engaged foreign investors directly through many Invest Sri Lanka forums, a 360-degree country investment pitch of this nature will deliver a more complete picture for prospective investors in the CSE.
Dr. Hans Wijayasuriya, Chairman of the Ceylon Chamber of Commerce noted that “as espoused in the recently published Sri Lanka Economic Acceleration Framework (SEAF), the Chamber envisions the achievement of a 6-7% growth rate of the Sri Lanka Economy reaching a GDP of USD 127.5 Bn by the Year 2026. Foreign investment inflows in the forms of FDI as well as Portfolio investments are pivotal levers in achieving this aspiration. Equally, the uplifting of foreign investment inflows, in tandem with parallel initiatives of the public and private sectors to bolster exports, domestic production and competitiveness will be foundational in bolstering Sri Lanka’s macro-economic indices. The Chamber is privileged to partner with the BOI and CSE in launching this ambitious initiative to present Sri Lanka’s investment opportunities to the world on the backdrop of the Nation’s bullish Post-COVID revival”
About BOI
The Board of Investment of Sri Lanka (BOI) is the Government’s apex agency mandated to promote and facilitate FDI into the country. The BOI is committed towards continuously improving the country’s investment climate and is structured to function as a central facilitation point for investors, while sourcing investments that complement the identified mid and long term economic priorities of the nation. The BOI presently manages 14 Export Processing Zones/Industrial Parks with three additional locations under development, inclusive of the upcoming Pharmaceutical Zone and Textile Park which are Strategic Development Projects.
About CSE
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together. The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka. The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 15 Trading Members. All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.
About CCC
The Ceylon Chamber of Commerce (CCC), as Sri Lanka’s premier business grouping for 180 years, is engaged in delivering a spectrum of services to the business community to help enrich their potential and capacities. The Chamber’s ongoing work promotes cross-border trade and investment, disseminates critical market intelligence through constant research, provides periodical reports and updates on the economy, conducts knowledge transfer seminars, engages with the government on behalf of the private sector, and offers business services which includes but is not limited to, issuing certificates of origin and other business related documents. All these have contributed towards national economic value creation throughout the year. For more information, please visit www.chamber.lk