At a time when Sri Lanka is exploring the means to support economic diversification, business innovation and promote inclusive and sustainable growth, Sri Lanka-Australia Chamber of Commerce and the Chartered Accountant Association of Sri Lanka (Australia Chapter Inc) with the collaboration of the High Commission of Sri Lanka in Canberra organized a Business Forum “Resilient & Rising: Leveraging Sri Lanka’s Potential” on 06 June 2024 in Brisbane.
The event aimed to bring together Australian business leaders, entrepreneurs and investors to explore and capitalize opportunities in Sri Lanka, focusing on economic resilience, investment prospects and strategic growth initiatives.
While welcoming the guests, President of the Sri Lanka Australia Chamber of Commerce Kalum De Silva spoke about knowledge industries and sustainable manufacturing industries in Sri Lanka. He also highlighted the importance of geographical location and the investment climate of Sri Lanka.
The High Commissioner of Sri Lanka in Australia Chitranganee Wagiswara highlighted in her remarks that the current economic status in Sri Lanka is stable and moving forward. She briefed on the assistance of the IMF and other bilateral partners and, the conducive business potential which makes Sri Lanka an attractive destination for entrepreneurs.
The President of the Institute of Chartered Accountants of Sri Lanka Heshan Kuruppu in his speech spoke of the business friendly regulations in place which facilitates and encourages investors and businesses.
The address by Paul Cooper, Chairman of Advanced Manufacturing Growth Centre and Manufacturing, Queensland was of interest as he shared his experiences and benefits gained in Sri Lanka having established a company in the manufacturing sector.
The Chairman of the Ceylon Chamber of Commerce Duminda Hulangamuwa also addressed the gathering virtually from Sri Lanka and Chair of Association of CA Sri Lanka Australia Chapter Lalanka Amarasiri moderated and expressed views on the potential and opportunities in Sri Lanka.
The panel discussion provided the attendees with an opportunity to clarity and raise questions in relation to the business environment in Sri Lanka.
The audience included selected and reputed representatives from Australian companies, Sri Lankan Business companies in Brisbane and over 175 Sri Lankan and foreign companies who joined from overseas virtually.
High Commission of Sri Lanka
Canberra
18 June 2024
