SL Investment Webinar in Guangdong Province, China | Daily News

SL Investment Webinar in Guangdong Province, China

The Webinar in progress.
The Webinar in progress.

The Consulate General of Sri Lanka in Guangzhou organised a Sri Lanka Investment Webinar on April 29 along with the Guangdong Department of Commerce and the Board of Investment of Sri Lanka. About 130 persons participated from 95 companies and government entities in Guangdong Province in the Webinar.

Consul General of Sri Lanka in Guangzhou Priyangika Dharmasena briefly met Deputy Director General Zhao Qing and discussed enhancing cooperation on trade and investment between the Guangdong Province and Sri Lanka and both sides acknowledged that the forthcoming Investment Webinar will boost towards that end.

Consul General Dharmasena referred to the Guangdong Province being a rich Province in China, a manufacturing hub, ranking number 1 in China in its GDP and home to major manufacturing industries, including telecommunication, electronics, automobile, power supply, science and technology, also notably included 14 enterprises listed among the Fortune 500 companies.

Consul General Dharmasena enticed large and small companies alike in the Guangdong Province to invest in Sri Lanka taking advantage of the attractive factors, including the strategic location, access to key markets, talented workforce and investment protection. BOI Chairman Sanjaya Mohottala focussed on the investment opportunities available in the manufacturing sector, namely pharmaceuticals, apparel, electronic components, rubber products and automotive parts. Chairman Mohottala presented the incentives provided for foreign investment, the investment climate and advantages of investing in Sri Lanka.

Deputy Director General of the Guangdong Department of Commerce Zhao said that the Department ‘will continue to strengthen exchanges and cooperation with the BOI of Sri Lanka and the Consulate General of Sri Lanka in Guangzhou to build a bridge for Guangdong enterprises to participate in the economic construction of Sri Lanka and provide high quality services for promoting bilateral economic and trade cooperation.

Two testimonial videos by a successful Chinese investor in knitted fabrics and of an American investor on the manufacture of sails for racing boats were played to the audience providing credence of the conducive investment environment in Sri Lanka.