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Sixth biennial World Chamber Congress:

World Business Chambers keen on local investing

Business chambers worldwide has shown greater interest in exploring business opportunities available in Sri Lanka at the sixth biennial World Chamber Congress which was held in Kuala Lumpur last week.

Director General of Hambantota District Chamber of Commerce (HDCC) Azmi Thassim said with the dawn of the peace in the country most of the Chamber delegations at the event were keen on investing in Sri Lanka. They inquired about the situation of the country, the business environment and the on-going development projects in Sri Lanka.

Organized by the World Chambers Federation, which is part of the International Chamber of Commerce, and hosted by the Federation of Malaysian Manufacturers, the Congress brings together the global community of over 14,000 Chambers of Commerce.

The theme for this year’s Congress was ‘Leading sustainable growth and change’ with a call to business leaders to address major challenges such as climate change. “There were about 1,000 delegates from over 90 countries.

Business chambers in UK, Germany, Norway, Malaysia and Dubai showed special interest in Sri Lanka. We explained the immediate business opportunities available in the sectors such as infrastructure development projects and tourism.

We also briefed them on opportunities available in the North and the East as well,” he said. “Some chamber delegations requested us to organize special visits to Sri Lanka for exploring business opportunities,” he said.

“Our chamber expects to facilitate all foreign and local investors who are keen on investing in Sri Lanka. We have special officers who will focus on economic activities and facilitate these investors with relevant assistance.

These officials are specially trained with the assistance of the Greater Manchester Chamber of Commerce. The Chamber is also working closely with government institutes such as BoI and Provincial Councils for facilitating these investors and promote Sri Lanka as an investment destination,” he said.

The World Chambers Congress is a global meeting place for Chamber leaders to reach out and develop personal relationships with their peers as well as share best-practice experience and innovation on how to serve their business community.

This congress was an ideal platform for creating business linkages with potential partners. HDCC also had an opportunity to partner the Confederation in South East Asia for developing SMEs in Sri Lanka, he said.

The World Chamber Congress commenced on June 3 and concluded on June 5 in Kuala Lumpur.

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