'Gulf investors looking East'
Gulf Investors have shown greater interest in emerging markets like
Sri Lanka post the crisis in Egypt.
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Hilmy Cader
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According to Bahrain based MTI CEO Hilmy Cader "Egypt has been the
tri-gateway to Europe, Africa and Middle East for regional investors, in
addition to a local market in excess of 83 million.
The crisis that is unfolding in Egypt is also creating a 'fear halo'
in both the Levant and the Maghreb regions, with even doubts over the
CIS region.
"This has made Gulf based investors look East for emerging marketing
opportunities and Sri Lanka is well poised for this," he said.
MTI Corporate Finance is actively working on M&A Deals and investor
facilitation, in addition to service such as private placement
facilitation, due diligence, feasibility studies.
According to Cader the time is ripe for more road shows to promote
Sri Lanka in the Gulf and position the country as a strong emerging
destination for FDIs.
He also reckons that Vietnam and Cambodia is also attracting a lot of
interest from the Gulf.
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