Sri Lanka Invites Foreign Investors at 11th Belt & Road Summit š
⢠Event Overview: Speaking at the 11th Belt and Road Summit in Hong Kong, Trade Minister Wasantha Samarasinghe invited global businesses to invest in Sri Lanka, emphasizing export-led growth, technology transfer, and supply chain resilience. The summit gathered over 6,000 leaders from 70 countries. ⢠Key Target Sectors: Strategic focus areas for foreign participation include renewable energy, logistics, tourism, information technology, advanced manufacturing, agri-tech, and food processing. ⢠National Strategy: Economic priorities center on enhancing investor confidence, improving the ease of doing business, strengthening productivity, and facilitating long-term value creation through skills development and global integration. ⢠Regional Trade Dynamics: Hong Kong reported its merchandise trade with BRI countries rose nearly 17% YoY to approximately US$ 323 Bn last year, highlighting strong regional momentum.