South Africa’s Hotel and Shopping Mall Developers are enticed by Sri Lanka’s opportunities

South Africa’s Hotel and Shopping Mall Developers are enticed by Sri Lanka’s opportunities

As a means of addressing the growing demand for hotel rooms and shopping mall developments in Sri Lanka, the High Commission of Sri Lanka in Pretoria organized a business promotion and networking event to members of the South African Property Owners Association (SAPOA).

The event was coordinated by Mr. Kevin Roman, President and Mr. Neil Gopal, CEO of SAPOA and was attended by around 25 companies from the hotel and property development sectors.  The High Commissioner of Sri Lanka in South Africa, Shehan Ratnavale, made a presentation on “Investment Opportunities for Shopping Malls and Hotel Developments in Sri Lanka”. He also indicated that South African hospitality sector investors may avail themselves of the business networking facilities offered by the “Sri Lanka Expo 2012” in Colombo.

The South African High Commissioner to Sri Lanka, Geoff Doidge made a brief presentation on the growing bilateral relationship between the two countries. As a result of the event, SAPOA has announced that they are planning a delegation visit to Sri Lanka to explore opportunities for hospitality sector investments.

The presentations made by the High Commissioners, will be disseminated among the SAPOA’s 1200 members by means of its monthly magazine.

Sri Lanka High Commission
Pretoria

January 30, 2012

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