Lankan in­dus­tri­al­ists off to Myan­mar as part of US$ 3bn rub­ber ex­port tar­get

Daily Mirror (Sri Lanka) - - NEWS -

Sri Lanka is send­ing 20 in­dus­tri­al­ists from ten man­u­fac­tur­ers to this week’s global ex­po­si­tion in Myan­mar for the first time as part of the coun­try’s re­vived ef­forts to hit US $3 bil­lion in rub­ber ex­ports tar­get.

“This is the first time that the In­dus­try Min­istry is ac­tively mov­ing to­wards na­tional ex­port devel­op­ment work,” said the In­dus­try and Com­merce Min­is­ter Rishad Bathi­udeen.

Min­is­ter Bathi­udeen was hand­ing over the air-tick­ets to rep­re­sen­ta­tives of 10 Lankan plas­tic and rub­ber man­u­fac­tur­ing firms who will fly out on June 13 and 14 to join the Lankan pavil­ion at Com­plast Myan­mar 2018, the In­ter­na­tional In­dus­trial Trade Fair for plas­tics and rub­ber sec­tor. Com­plast 2018 will com­mence on 15 June in Yan­gon, Myan­mar and will end on 17 June. The Lankan del­e­ga­tion con­sists of 20 in­dus­tri­al­ists from Tex­trip Ltd, Clean Poly Pack­ag­ing Ltd, Lan­mic Ex­ports, Poly­dime In­ter­na­tional Ltd, Global Vi­nayl Ltd, Kal­hari En­ter­prises, World Poly­bags In­ter­na­tional, Pen­guin Poly­mers, PE Plus Ltd and Oleema In­dus­tries Ltd.

“The gov­ern­ment fo­cuses on an ex­ports-led growth and aims at a US$ 3 bil­lion ex­ports tar­get for rub­ber. This min­istry has eval­u­ated your per­for­mance in rub­ber and plas­tics sec­tors and have picked you to rep­re­sent Sri Lanka at the im­por­tant Com­plast Myan­mar 2018. At this event, we want you to fo­cus on re­ceiv­ing in­dus­try ex­po­sure but for the first time, for in­ter­na­tional rub­ber mar­ket pro­mo­tion ef­forts of Lankan rub­ber, for us achieve ex­port tar­gets,” said Min­is­ter Bathi­udeen.

Last year Sri Lanka’s rub­ber fin­ished prod­ucts ex­ports in­creased by 9 per­cent to US $ 835 mil­lion in com­par­i­son to 2016’s US $768 mil­lion. Ex­ports of nat­u­ral rub­ber too in­creased by 18 per­cent to US $39 mil­lion from 2016’s US $33 mil­lion.

The Min­istry of In­dus­try and Com­merce is sub­si­dis­ing 50 per­cent of in­dus­tri­al­ists’ air­fare and ac­com­mo­da­tion and the to­tal bill for Sri Lanka pavil­ion at Com­plast Myan­mar 2018.

In ad­di­tion to raw ma­te­ri­als such as poly­mers and resins, the ex­hibitors of Com­plast Myan­mar 2018 also plans to show­case pro­cess­ing ma­chines and tech­nolo­gies as well as forms, chem­i­cals, ad­di­tives, test equip­ment and re­cy­cling ser­vices.

Min­is­ter Bathi­udeen hand­ing over an air ticket to a Sri Lankan plas­tic and rub­ber sec­tor rep­re­sen­ta­tive. Vice Pres­i­dent of Plas­tic and Rub­ber In­sti­tute of Sri Lanka Kaushal Ra­japakse (third from left) is also present

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