Sri Lanka post-war prospects scouted by US firms

Oct 13, 2009 (LBO) – American firms are scouting for business opportunities in post-war Sri Lanka in anticipation of accelerated economic growth, officials said. Senior executives, mainly from top US companies in India, are in Colombo for talks with Sri Lankan firms and government agencies.

US investments could help rebuild the war-ravaged economy and contribute to lasting peace, Michael Delaney, assistant US Trade Representative for South Asia, told a conference on investment and business opportunities in post-conflict Sri Lanka.

“You can help bring employment and new opportunities to Sri Lankans affected by war,” he told Sri Lankan and US representatives from both the public and private sectors.

“Employment generation is a key factor in fostering national reconciliation.”

Among the American firms taking part in the conference were General Electric, Ford Motors, Marriott International, Rockwell Automation, Coca-Cola, 3M, Caterpillar, UPS, CH2M Hill, and Levi Strauss

The companies are looking at infrastructure development, energy, tourism, information technology, business process outsourcing, healthcare, education, manufacturing, food p