Tremendous potential for growth :
Sharp increase in Sri Lanka, Malaysia trade
Charumini DE SILVA
Trade between Malaysia and Sri Lanka showed a positive increase last
year.
"Malaysia is keen on investing in Sri Lanka especially with the
current positive outlook with the defeat of terrorism after May.
The Government of Malaysia is ready to participate in the economic
development in the sectors where Malaysia has the know-how and expertise
such as infrastructure development, telecommunication, oil and gas
industry," said High Commissioner for Malaysia to Sri Lanka, Rosli
Ismail at the fifth Annual Business Awards of the Sri Lanka - Malaysia
Business Council on Tuesday.
"Malaysia has already invested US$ 300 million since 2007 in Sri
Lanka and moreover trade between the two countries had shown a positive
increase last year with a trade value at US$ 400 million. There is much
potential to increase the volume of trade between the two countries
since Sri Lanka's economy is stable and there is tremendous potential
for growth", he said.
The Sri Lanka - Malaysia Business Council should take the opportunity
to enhance trade ties, business connections, investments and joint
ventures between the two countries. This year there will be better
opportunities to promote mutual trade and investments between Sri Lanka
to Malaysia", he said.
Chairman, Epic Lanka (Pvt) Ltd., Nayana Dehigama said, "A successful
business is an investment. It was important to pick up the opportunities
afforded to us. Even when there were constraints such as the global
economic downturn, creativity and innovation could bring success to
businessmen and entrepreneurs. That was the reason how the Epic Lanka
group achieved solutions in the ICT industry in Sri Lanka as well as to
expand its operations to Malaysia and now to Australia".
Epic Lanka (Pvt) Ltd., won the Entrepreneur of the year for the third
consecutive year and has also won 13 national and international awards.
In as effort of making it a global brand Epic Lanka (Pvt) Ltd., has
taken the initiative to achieve success.
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