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Sri Lankan exports in 2010:

Target to reach US $ 9000 million

The National Chamber of Exporters of Sri Lanka (NCE) targets the county’s export turnover to reach US $ nine billion by the end of this year. NCE President Sarath de Silva said, “World knows our country’s potential and the role we play in the world’s stage with our dynamic leader President Mahinda Rajapaksa, who’s vision, commitment and determination is to make Sri Lanka the ‘Wonder of Asia’, we definitely have a major role to play in support of his endeavours”.


NCE President Sarath de Silva, Imperial Tea Exports (Pvt) Ltd Chairman and Managing Director Jayantha Karunarathne and Colombo Dockyard PLC Managing Director Mangala Yapa at the NCE Export Awards. Picture by Saliya Rupasinghe

Speaking at the 18th Annual National Chamber of Exporters (NCE) Awards held at Hilton Colombo, last Friday, de Silva said, “We are now earning US $ 7.8 billion in export turnover, and we expect to reach US $ nine billion by the end of this year. The 450 members of our Chamber, should walk out of here with a firm determination to double their own exports within the next two years. In 2020, let us reach beyond US $ 20 billion, closer to US $ 30 billion.

“The National Chamber of Exporters of Sri Lanka is very supportive of the Government’s initiative to achieve the target of US $ 20 billion exports before 2020.

To assist the Government in this drive, we would like the Government to seriously look in to the following needs of the exporters which require immediate attention,” he said.

“The 40,000 hectares land which is already identified and earmarked in Wellawaya, Moneragala and Minneriya for hi-tech agriculture should be released to the various applicants without any further delay as soon as possible,” he said.

“In Sri Lanka most of the people enjoy a benefit which the rest of the world do not enjoy - that is an unprecedented number of holidays which is almost one third of the calendar year.

“We feel this hampers productivity and above all the focus on target. Hence it is time the Government develops a formula that would increase the number of working days,” he said.

Industry and Commerce Minister Rishad Bathiudeen said, “To achieve US $ 20 billion as export turnover by 2020, the country has to look for more opportunities in the emerging markets such as China and India. We have already identified different problems confronted by exporters.

By introducing proper systems, and by developing infrastructure facilities, including ports, airports, highways, the energy sector, and bilateral and trade agreements the country can achieve this target,” he said.

The Most Outstanding Exporter of the Year was Imperial Tea Exports (Pvt) Ltd and the Most Outstanding Exporter Runner-up was Ceylon Biscuit Ltd. The Best Sri Lanka Brand Exporter was IMPRA Tea from Imperial Tea Exports (Pvt) Ltd.

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