'Lanka should lead strong delegation for Korean Expo'
A concerted effort to promote the country as the next Asian power
house that will enable Sri Lanka to be the region's economic hub will
have huge benefits in terms of socio and economic development. The key
organizations of the country such as the Tourist Board, the Export
Development Board, the BOI and the Economic Development Ministry should
play a proactive role in materializing this target, Business Promoter
and Coordinator for local and foreign investors, Dr. M.G.M.S. Zurfick
told Daily News Business.
These institutions should act as a one-stop-shop making it easy for
the investors and the business community especially from the
international arena to establish their ventures in Sri Lanka, he said.
"The Expo Sri Lanka 2012 could be considered as a launching pad for
the country to forge ahead in reaching its ambitious growth targets. The
remarks made by the President Mahinda Rajapaksa at this event to make
Sri Lanka Asia's economic hub could be made a reality by a clear vision
and collective effort. We all need to reach consensual understanding in
this regard", he said.
The mega scale infrastructure development activities including the
expansion of the Colombo Port and other port related development will
steer the economic growth. These development activities need to be
carried out under a strict time frame to derive the benefits.
"The follow up work is necessary and we could consider Korea Expo
2012, the 93 day mega event to boost our strength. The local products
could be exhibited attracting buyers around the world. This could be an
image building process," he said.
Korea Expo 2012 is an opening for Sri Lanka to attract trade and
investment. A good demand could be anticipated for many products and
promotion of products such as tea, gem, jewellery, handicraft, herbal
products, textile, ceramic wear and furniture have huge market
A mechanism to build confidence and woo investment needed to be
improved. The younger generation should be encouraged to be
entrepreneurs to generate investment and employment opportunities. There
should be flexible open policies and a task force especially designated
to make the country more export oriented as it should be the way
forward, he said.
"I firmly believe that there is a good opportunity to realize the
country's ultimate goal. The support of the senior citizens where wealth
of knowledge and experience could be drawn from will be an asset. This
is a challenge I like to face and my last lap for the country will be to
make Sri Lanka reach the top", Zurfick said.