Sri Lanka encourages more French investments to Sri Lanka

State Minister of Regional Cooperation Tharaka Balasuriya, along with the Chairman of the Board of Investment Sanjay Mohottala, carried out a series of business meeting in France recently on the sidelines of the IFTM TopRESA Travel mart that took place in Paris.

This included a series of high level meetings with a number of companies ranging from hospitality, manufacturing to development finance.

As part of a recently-concluded series of nearly 20 high-level discussions held in France, the delegation met with officials of Accor Hotels and Club Med Resorts.

In addition, there were also meetings with a number of leading financial institutions including the French Development Agency owned Proparco as well as Lazard, a leading financial advisory and asset management firm as well as the Eiffel Investment Group.

The delegation also met senior officials from Michelin and Movarc Group to explore the possibility of expanding their footprint in Sri Lanka, thereby contributing to the manufacturing economy that is currently seeing growth in terms of exports.

In addition to the business and trade related meetings, State Minister Balasuriya also met with members of the Sri Lanka-France Parliamentary friendship association at the Senate premises, which was followed by a meeting with UNESCO’s Assistant Director General for Creative Economy Ernesto Ramirez on obtaining assistance on to further develop Sri Lanka’s creative sector.