Sri Lanka draws Japanese investor interest

Aug 26, 2009 (LBO) – A 40-member Japanese trade and investment mission is due to visit Sri Lanka in November 2009 following the end of the island’s 30-year ethnic war, the Ceylon Chamber of Commerce said. Members of the mission during their visit will take part in the Japan – Sri Lanka Business Co-operation Committee meeting scheduled to be held during November 18-20, 2009.

Part of the joint meeting would also be devoted to one-to-one business meetings between the Japanese and Sri Lankan business community, the Ceylon Chamber of Commerce said in a statement.

“The objectives of the joint meetings are to promote trade, investment, tourism and services between the two countries.”

The chamber represents the Business Co-operation Committee in Sri Lanka.

It said Japan has been a key aid donor and investor in Sri Lanka, helping to fund infrastructure modernisation like Colombo port container terminals, power stations and roads, as well as health care and education.

Japanese private sector investments have also been important for the island

There are about 60 big enterprises with Japanese investment operating in Sri Lanka employing about 12,000 people as well as several small-scale