Daily Mirror (Sri Lanka)

Castern nrovince to showcase potential via investment forum

- BY JAYASHIKA PADMASIRI

The Eastern Provincial Council (EPC) announced plans to hold an internatio­nal investment promotion forum to attract internatio­nal and local investors to the Eastern part of the country.

The EPC Minister of Agricultur­e, Animal Production & Developmen­t, Rural Industries Developmen­t and Fisheries & Tourism Naseer Ahamed addressing a press conference yesterday in Colombo said, the conference will be held next Friday at the Taj Samudra hotel with the participat­ion of Economic and Developmen­t Minister Basil Rajapaksa.

“Over 300 internatio­nal and local corporate leaders are expected to participat­e at the forum. The Eastern Province is a ‘investment hot spot’ of South Asia’ with great potential in terms of availabili­ty of resources and attractive incentives and facilities offered by the government.

We are focusing on attracting investment­s in the fields of agricultur­e, fisheries, livestock developmen­t, dairy farming, tourism, industries and other unexplored areas which have export potential. The theme of the initiative is ‘Seizing Employment and Wealth Creation Opportunit­ies of the Eastern Sri Lanka,” Ahamed explained.

He further noted that Eastern Province is ideal for crop production with more scope for expanded developmen­t. According to him, there are vast opportunit­ies for production of rice and developmen­t of rice based value-added products for domestic use as well as internatio­nal markets.

“The province is well endowed with various physical and natural resources making it essentiall­y an agricultur­al area. Investment opportunit­ies will also be offered in other sectors: fisheries, livestock and milk processing.”

The Ministry of Agricultur­e, Animal Production and Developmen­t, Fisheries, Rural Industries Developmen­t and Tourism of the Eastern Provincial Council will be holding the forum in collaborat­ion with the Ministry of Economic Developmen­t and the Ministry of Investment Promotion.

The event is also backed by Board of Investment­s, Sri Lanka Tourism, Sri Lankan Convention Bureau, Batticaloa District Chamber of Commerce, Industry and Agricultur­e and the Chamber of Tourism and Industry Sri Lanka.

 ??  ?? Eastern provincial Council (EPC) Minister Naseer Ahamad addressing the press conference while Secretary to the Ministry of Agricultur­e K. Pathmanath­an and EPC Ministeria­l Advisor Samantha B. Abeywickra­ma look on
Pic by Waruna Wanniarach­chi
Eastern provincial Council (EPC) Minister Naseer Ahamad addressing the press conference while Secretary to the Ministry of Agricultur­e K. Pathmanath­an and EPC Ministeria­l Advisor Samantha B. Abeywickra­ma look on Pic by Waruna Wanniarach­chi

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