SLMBC concludes trade, investment promotion mission to Malaysia
The Sri Lanka-malaysia Business Council (SLMBC) of the Ceylon Chamber of Commerce successfully concluded a trade and investment promotion mission to Kuala Lumpur, Malaysia, recently.
The delegation consisted of eight organisations i.e. Aitken Spence Shipping Ltd, International Scholar Educational Service (Pvt.) Ltd, Mechmar Cochran Lanka (Pvt.) Ltd, Ilham Inspiration Sri Lanka, Ranjan Nadesapillai Associates, Spillburg Holdings (Private) Limited, Macksons Lanka (Pvt.) Ltd and the Ceylon Chamber of Commerce.
SLMBC President Iqram Cuttilan led the delegation and the SLMBC Secretariat of the Ceylon Chamber coordinated this outbound mission.
The delegation met with the following Malaysian institutions, which facilitated business-to-business meetings with various Malaysian companies: The Sri Lanka High Commission in Malaysia, Malaysia Sri Lanka Business Chamber (MSLBC), Malaysian International Development Agency (MIDA), Malaysia External Trade Development Corporation (MATRADE), Federation of Malaysian Manufacturers (FMM), Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI), National Chamber of Commerce and Industry of Malaysia (NCCIM), Associated Chinese Chamber of Commerce and Industry of Malaysia (ACCCIM) and Malaysian Associated Indian Chambers of Commerce and Industry (MAICCI).
This visit is in accordance with the memorandum of understanding signed by the SLMBC and MSLBC in 2014, wherein the two business councils agreed to promote business ties between the two countries with regular visits of business delegations between Malaysia and Sri Lanka.
Cuttilan expressed his sincere appreciation to MSLBC Chairman Dato Kulasegaran Sabaratnam and the members of the MSLBC for arranging meetings with various chambers, government entities and the Sri Lanka High Commission in Malaysia, as well as the business-to-business meetings with companies in Malaysia.
Owing to the business-to-business meetings, this visit helped promote ties between the organisations of the two countries and the delegation is upbeat that it was a fruitful visit.
The SLMBC believes that this visit will definitely strengthen the ties between the SLMBC and MSLBC, which will immensely assist in establishing potential business contacts. It will in return promote bilateral business between Sri Lanka and Malaysia.