Dutch investors keen on investing in Lanka
Indunil HEWAGE
Dutch investors are looking forward to enhance bi-lateral links and
investment opportunities in tourism, agrofood production, dredging,
horticulture, water, energy and logistics sectors in Sri Lanka.
National Chamber of Commerce of Sri Lanka President Asoka
Hettigoda presenting a token of appreciation to Bas Van
Noordenne, Deputy Head of Mission of the Embassy of Netherlands
in Sri Lanka. Picture by-Nissanka Wijeratne |
In 201l, bi-lateral trade between Sri Lanka and Netherlands amounted
to $ 280 million, of which $ 200 million was for exports from Sri Lanka
and $ 80 million was for imports from the Netherlands. Imports form
Netherlands are from the categories such as food and beverages, tobacco,
pharmaceuticals and chemicals while Sri Lankan exports to Netherlands
were mostly tea, rubber finished products, fish, said Bas Van Noordenne,
Deputy Head of Mission in Embassy of Netherlands in Sri Lanka.
Tourism is also rapidly on the rise; In 2011 some 25,000 Dutch
tourists visited Sri Lanka and the number is increasing rapidly by about
20 % per year.
According to Noordenne, well-known Dutch company is to embark on two
hospital projects in Sri Lanka. However, some Dutch companies are still
hesitant to have direct trade contacts with Sri Lanka as a result of the
30 year war that existed.
Sri Lanka needs to improve its image overseas to attract more foreign
investors.
So much need to be done to overcome the setbacks of the three decade
old war. Infrastructure need further investments, agriculture needs
modernization and education system needs expansion and policy
environment needs more stability, predictability and less bureaucracy,
Noordenne said. |