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Saturday, 16 July 2011

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Hambantota developing into major economic hub

The Hambantota district is developing into a major economic hub in Sri Lanka and is likely to become an important city in South Asia.


Mattala Airport

Ceylon Chamber of Commerce Chairman Dr. Anura Ekanayake, speaking at the press conference on Hambantota Investment Forum to be conducted by the Hambantota District Chamber of Commerce with the Hambantota District Secretariat said Hambantota is fast becoming a commercial city and it is projected to be the second commercial city in the country. “It will also be a tourist hub,” he said.

The development of both the international harbour and airport along with many other infrastructure projects are underway. “These major projects have the potential to substantially accelerate economic development of the district and will create many opportunities in many areas.”

“The involvement of the private sector in the development process and an effective public private partnership will help to create a healthy and productive investment and business environment.”


Ruhunu Magampura Port

Already 50 large scale investments have come to the district and have started working into the district. These include Shangri-La Hotel, Insurance Corporation, hotel complex, Laugfs, Raigam Salt, David Pieris (for three-wheeler assembly) and Micro Cars Assembly and many other investors specially in the aviation and maritime related fields.

The “private sector can achieve excellent results by investing in the Hambantota district, with associated benefits to its people. A large number of jobs will be created as a result of these investment projects.”

Hambantota District Chamber of Commence CEO Azmi Thassim said 50 investors have registered for the forum which is scheduled to be held on July 23 at Hotel Eva Lanka, Tangalle.


Korean Convention Centre

The objective of the forum is to make the local or national and international business community to learn about the opportunities in the district, to maximize their participation to bridge the gap between demand and supply of information, to create a platform for private and public partnership.

This will be a unique opportunity to explore investment opportunities, learn the status of ongoing projects, witness major development activities taken place in the Hambantota district. More details of the event could be obtained from [email protected]

The Hambantota District Chamber of Commerce (HDCC) is one of the most active regional chambers and plays a major role in the development in the region ensuring social cohesion and economic success of the Hambantota district.

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