Chinese delegation visits BOI

A delegation from Chengdu City, in China’s Sichuan Province, visited the BOI to explore areas of economic co-operation and investment. The six-strong delegation included Taixing Mayor Qi Yinglijie, Xindu Deputy Mayor Cui Yimin and senior officials in the agriculture machinery and health sectors.

The Chinese delegation’s main interest was to look at the possibility of starting an assembly plant for two-wheel and four-wheel tractors, a developed industry of Chengdu. It is estimated that Sri Lanka’s annual demand is for 3,500 four-wheel and 56,000 two-wheel tractors.

The BOI briefed the Chinese visitors on Sri Lanka’s economic climate and the Board’s incentives and facilitation. It was represented by Director (Media and Publicity), Dilip S. Samarasinghe, Director (Promotion) C.Ignatius and Deputy Director (Promotion) and Desk Officer for China Kumudini Ratnaweera. Also present at the meeting was Jinasena Group Managing Director Nihal Wadugodapitiya