SAARC Investment Forum 2017

Amna Malik highlights business opportunities in Pakistan

The South Asian Association for (related to a large area) Cooperation (SAARC) Investment Forum 2017 held in Colombo gave/given a key (raised, flat supporting surface) for local and foreign (people or businesses who give money to help start businesses) to start/work at cross border investments. It welcomed over 250 (people or businesses who give money to help start businesses) and famous and important figures such as local and foreign (people or businesses who give money to help start businesses) and small business starters, fund managers, Chairmen and CEO’s, owners of businesses/projects, representatives of worldwide trade associations, international. Development (services businesses/government units) and high-level Government (people in charge of something) from SAARC countries. The event showed off to people and demonstrated business opportunities related to renewable energy, tourism, real estate and manufacturing among others. SriLanka hosted the Investment Forum drawing over 250 (people or businesses who give money to help start businesses), including small business starters, fund managers, CEO’s and other senior (related to big business) representatives. It was themed on ‘Unleashing South Asia’ and aimed at kind and giving/taking good care of greater money-based and social cooperation between its members.

Speaking at the beginning (of an elected official) of the SAARC (the South Asian Association for (related to a large area) Cooperation) Trade Fair and Investment Forum, Sri Lanka Most important Minister Ranil Wickremesinghe said that Sri Lanka would soon be well connected in South Asia with the development of its ports, airports and roads. While Sri-Lanka had fought a 30-year (war between groups that all live in one country), it was time it caught up with newly-visible markets in South Asia and became a hub in the Indian Ocean. Sri Lanka is committed to its development and securing/making sure of a strong connectivity within the island and also in the Indian Ocean. We have a plan. It is a question of how fast we move. It depends on the investments we get. We are confident of getting the investments.

Explaining Sri-Lanka exciting plan on putting into use a strong connectivity, Wickremesinghe said his government was looking at developing the Colombo Port further, developing the Hambantota and Trincomalee Ports and further developing its Bandaranaike and Mattala International Airports. So we have three pores and two international airports. We have already had the Bandaranaike International Airport and we hope to make operational the Mattala International airport by the end of the year or early next year. He further said the island Country was also in the process of completing its expressways which would connect the south, Central Hills and the airport in Katunayake to the capital. Sri Lanka was also in the process of upgrading its telecommunication facilities including strengthening its Wi-Fi system so it could reach the areas away from cities, the prime minister said. SAARC’s investment forum this year aims at kind and giving/taking good care of greater money-based and social cooperation within the group.

 

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Amna Malik
About Amna Malik 44 Articles
Author is the President, Center of Pakistan and International Relations (COPAIR) and Editor-in-Chief of ‘Mélange int’l Magazine’ and ‘ The Asian Telegraph’.