JITF 2013 to attract foreign investment

Indunil Hewage

A pharma industry team from India is to visit Sri Lanka next week to work out details of the proposed pharmaceutical manufacturing hub to be built in Sri Lanka. This was disclosed by an Indian High Commission official at a press conference held to announce the fourth edition of The Jaffna International Trade Fair (JITF) 2013.

“We have seen great enthusiasm among Indian companies, specially South Indian companies to participate in JITF, 2013. India had promoted and encouraged Indian industrialists to participate in the last three JITFs with the support of respective stakeholders.

The fourth edition of Jaffna International Trade Fair 2013 is set to be held at Doraiappa Ground, Jaffna from January 18-20, 2013. The next year exhibition is poised to be one of the biggest exhibitions in the Jaffna peninsula and India as the partner country of JITF, 2013 will have a special pavilion in next year's fair showcasing the best that India has to offer to the North. Jaffna is still an untapped market and the next year fair will be a stepping stone for industrialists

both home and abroad to enroll into this market.

The JITF caters to a wide audience which covers almost all facets that are a part and parcel of the Jaffna lifestyle. The exhibition will showcase industries and not be confined to construction, agriculture, food and beverage and packaging etc.

The trade fair held last year was a tremendous success with over 60,000 visitors participating at the exhibition during the span of three day and is considered the best opportunity to witness the changing dimensions of industries, to create new contacts and find suppliers and customers to their evolving needs.

Organizers of the event, presidential awarding winning Lanka Exhibition and Conference Services believe that this is the most potent opportunity for investors to meet budding new business and make an entry to the region.

“The North is now going through a rapid development phase, with livelihoods and enterprises transforming in a revolutionary manner. The JIFT is the best opportunity to build trade links between the other parts of the country, the rest of the world and the people of the region.”

“It provides the most efficient and effective means of communicating and being a part of one of the most rich and diverse but untapped territories of our island nation” Imran Hassan Director LECS said.