Omani Chamber says keen to invest in ‘big’ Lankan projects

28 January 2016 06:30 pm


Ceylon Chamber of Commerce Chairman Samantha Ranatunga and Omani Chamber of Commerce and Industries Chairman Said Saleh Said Al Kiyumi following the meeting


Omani Chamber of Commerce and Industry Chairman Said Saleh Said Al Kiyumi, who visited the Ceylon Chamber of Commerce during this week, said Oman was ready to look at ‘big’ Sri Lankan projects to invest.

Kiyumi and his team, who were in the country to attend the Eastern Investment Forum, said that they were willing to look at the projects in the areas of tourism, property development, small and medium enterprise (SME) development and many more.

“We like to invest in big projects, which Sri Lanka is planning to launch; give us information on those projects,” said Kiyumi.

In response, Ceylon Chamber of Commerce Chairman Samantha Ranatunga highlighted the major development projects Sri Lanka is planning to launch, such as the Megapolis development project.

“Arabian countries have been traditional trading partners of Sri Lanka and I believe the emerging investment opportunities in Sri Lanka will give us a platform to strengthen that relationship,” said Ranatunga.

In the meantime, Ceylon Chamber of Commerce CEO/Secretary General Mangala P.B. Yapa emphasized the Omani Chamber representatives on the importance of investing in Sri Lanka.

“May be you’ll can look at a place like Hambantota, which has a free port, and also the Megapolis development project, which opens up many doors to the foreign investors,” said Yapa.

Ceylon Chamber of Commerce Senior Assistant Secretary General Lilakshini De Mel and Oman Chamber of Commerce and Industry Chairman’s Office Director Tariq Hamed Al Ma’wali too joined the meeting. The meeting concluded with both parties deciding on follow up actions to be taken to go forward. 

The Ceylon Chamber of Commerce and Omani Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) in the year 2007, aimed at working together to promote two-way trade and investments.