EDB-assisted SME Pavilion at Profood/Propack & Agbiz Exhibition 2019

Friday, 23 August 2019 00:00 - - {{hitsCtrl.values.hits}}

The Sri Lanka Export Development Board (EDB) is implementing a national program to nurture 2,000 new entrepreneurs to become exporters during the period 2017-2022 at regional level. The main objective of this program is to encourage domestic enterprises to invest in export industries to achieve the overall export target of $ 28 billion in 2022. Accordingly, the EDB has initiated integrated product and market development programs for export potential SMEs, already registered with the ‘2000 New Exporters Development Programme’ to be developed as exporters in 2017-2022.

EDB has facilitated a group of 10 SME entrepreneurs who registered with the ‘2000 New Exporters Development Programme’ and engaged in the Food and Beverage sector to showcase and promote their products at the 18th edition of Profood/Propack & Agbiz 2019 Exhibition held at BMICH during the period from 2 to 4 August. The exhibition was jointly organised by the Sri Lanka Food Processors Association and Lanka Exhibition and Conference Services Ltd. (LECS) together with the Ministry Industry and Commerce and other partner organisations. EDB has also organised an information stall at the event to disseminate information among the potential exporters and existing local businessmen to encourage them to access with the export market.

The SME companies participated at the event has given a positive feedback on their participation. They were of view that the event created a platform for them to acquire new business contacts to attract the potential buyers and the professionals of the industry and to sell their products during a three-day event. They have reported sales of around Rs. 1.5 million and 28,235 visitors visited during this three-day mega event. They also voiced that the event was a successful one and thanked EDB for the opportunity given to them to participate at this local event to become an Export Champion under the 2000 New Exporters Development Programme.