SL Economic Summit to discuss China’s OBOR initiative | Sunday Observer

SL Economic Summit to discuss China’s OBOR initiative

23 July, 2017

Sri Lanka Economic Summit 2017 will deliberate how Sri Lanka can harness opportunities out of China’s ambitious plans to set up a network of railways, roads, pipelines, and utility grids that would link China with the Asian region.

The two-day annual summit, organized by the Ceylon Chamber of Commerce will be held on July 25 and 26 at the Cinnamon Grand Hotel, Colombo under the title of ‘Execute - Transform - Realize’.

The session titled, ‘Belt and Road Initiative – Transformative Opportunity for Sri Lanka’ will be on the potential investment opportunities for Sri Lanka from China’s ‘One Belt One Road’ (OBOR) initiative and the ‘Maritime Silk Road’ projects. The session also will focus on the risks and pitfalls for Sri Lanka due to Chinese capital and industries locating here.

Senior Research Fellow; Research Lead of Trade and Economic Policy of National University of Singapore, Dr. Amitendu Palit, Associate professor of China Foreign Affairs University, Dr. Wen Zha, and former Sri Lankan Ambassador to China and the UN, Nihal Rodrigo, will make presentations at this session.

Following which, the experts will join with Chief Executive Officer of the Standard Chartered Bank, Jim McCabe and Group

Managing Director of Sunshine Holdings, Vish Govindasamy for a panel discussion. Chair, Global Economy Program of the Lakshman Kadirgamar Institute, Dr. Ganeshan Wignaraja will moderate the session.

Over 350 CEOs and senior executives to attend

Over 350 CEOs and senior corporate executives, including Chairpersons, Managing Directors, CEOs, and Directors representing the Sri Lankan corporate sector have already signed in to take part in the Summit.

Apart from the corporate executives, representatives from Colombo based diplomatic missions, multilateral agencies and also government bodies such as the Central Bank, and the Colombo Stock Exchange have also registered to take part.

The Ceylon Chamber of Commerce has lined up over 50 speakers, from Sri Lankan and overseas, comprising high profile cabinet ministers, policy makers, business leaders and academics to share insights and also make recommendations on how Sri Lanka can transform its economy to realize its true potential by the right execution of plans.

Sunshine Holdings PLC is the Platinum Sponsor of the event, Standard Chartered Bank, the Gold Sponsor, Fonterra Brands, the Silver Sponsor and Dialog Axiata, the Telecommunications Partner. While Janashakthi Insurance, Prima Group, and Nestle Lanka are the strategic partners. Echo Wave is the Digital Events Platform Partner and OMD of OmniCom MediaGroup, the communications partner.

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