The Board of Investment of Sri Lanka last week hosted a large delegation consisting of representatives from the World Business Society of Tokyo Small and Medium Enterprise Consultant Association (WBS) who are currently visiting Sri Lanka with the objective of evaluating investment opportunities and opportunities of partnerships between Sri Lankan Small and Medium Enterprises and Japanese SMEs.
The visiting delegation consisted of representatives of 19 Japanese enterprises who will act as consultants. They will disseminate information on the investment potential in Sri Lanka to Japanese SMEs.
“The Japanese delegation expressed an interest in Sri Lanka since the country is now a middle income nation by World Bank classification and is committed to attracting Foreign Direct Investment. Other factors which are an interest to the Japanese delegation is the healthy service sector and the commitment on the part of the authorities to stimulate higher value production while taking into consideration the lessons learned from other Asian nations,” the Board of Investment said in a statement.