BWI: Sri Lanka Emerges as SAARC’s Investment Hub

Press release from Business Wire India
Source: Frost & Sullivan
Monday, June 18, 2012 05:28 PM IST (11:58 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Accounting & management consultancy services, Business services, Major diversified industrial groups
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Sri Lanka Emerges as SAARC's Investment Hub
Frost & Sullivan hosts complimentary webinar focusing on capitalizing emerging opportunities in Sri Lanka

Mumbai, Maharashtra, India, Monday, June 18, 2012 -- (Business Wire India) -- WHEN: 11:00 a.m. EDT on Thursday, June 20, 2012

LOCATION: Online, with complimentary registration

SPEAKERS: Principal Consultant Vivek Malhotra for Frost & Sullivan's Information and Communications Technology Practice and Business Development Manager Niranthi Botejue

While most nations around the globe are contending with economic vulnerabilities, South Asian countries are showing more promise, attracting investments, and focusing on high-growth industries. The wave of foreign investments in the region in 2011 is not only an indication of investor confidence, but also tells of untapped business opportunities. Frost & Sullivan's Analyst Briefing titled, 'Exploring the Lion's Den: Sri Lanka, a Land of Opportunities,' will investigate Sri Lanka's economic foundation and focus on industrial and infrastructural growth in the country.

Why you should attend:

-- Gain a macro-economic perspective into the fundamentals of Sri Lanka and its position in South Asian Association for Regional Cooperation (SAARC)

-- Understand the growing megatrends relevant to the country

-- Learn about growth opportunities and understand the competitive landscape in burgeoning industries

The Briefing will look at the importance of SAARC in the global economy. It will also look at key investment opportunities and key growth sectors in Sri Lanka, where domestic demand and a favorable business environment are enabling companies to gain market share and establish themselves for short- and long-term strong future returns.

Supporting Quotes

"After the global economic downturn, the world is slowly turning toward Asia, which is expected to become a global economic hub. It has become easier for SAARC to attract attention, as compared to earlier times. Recent trends of reforms in government policies by countries within SAARC to encourage foreign investors to increase their investments and develop an environment for faster growth have garnered global attention. Besides, India, Sri Lanka is set to join the locomotive of growth amid SAARC countries," says Vivek Malhotra, Principal Consultant, Information and Communications Technology Practice, Frost & Sullivan.

"Considering Sri Lanka's strategic location, Hambantota Megacity is being promoted as a port city and green port where the potential of renewable energy can be maximized. A USD 550.0 million tax-free zone is being set up outside the port, where local and international companies have opportunities to set up ship building, ship repair, warehousing services, logistic services, maritime consulting, communications, and IT development projects.

Investment opportunities are opening up in infrastructure with the construction of Mattala Airport, highway development, and railway and oil refinery development. In addition, the newest international cricket stadium, which hosted the 2011 World Cup, is giving tourism a further boost in the city and hence it opens itself to hotels and all other related hospitality industries," observes Niranthi Botejue, Manager, Business Development, Frost & Sullivan.

Supporting Resources

For more information about Frost & Sullivan's Information and Communication Technology Practice, please visit: http://www.frost.com/ICT

Registration

-- To attend the briefing, email akshatam@frost.com with your full name, job title, company name, company telephone number, company email address and website, city, state and country

-- Receive a recorded version of the briefing anytime by submitting the aforementioned contact details

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CONTACT DETAILS
Akshata M, Frost & Sullivan, +91 (22) 66072020, akshatam@frost.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, GROUPS

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