Imperative for SOE reforms in focus at Sri Lanka Economic Summit

Thursday, 19 October 2023 01:32 - - {{hitsCtrl.values.hits}}

The second session of the Sri Lanka Economic Summit 2023 titled ‘SOE Reforms – Now or Never’ next month will focus on the imperative for SOE reforms, sharing invaluable insights into the ongoing SOE reforms and their potential impact on economic growth.

The session will centre around and deep dive into the transformation of large SOEs, their restructuring, and the role of labour reforms in fostering economic advancement. With a distinguished line-up of experts and key stakeholders, the session is set to be an enlightening experience for all participants. State Owned Enterprises Restructuring Unit Director General Suresh Shah will serve as the presenter, offering a comprehensive overview of the progress made in SOE reforms and what lies ahead.

Session panellists include Power and Energy Minister Kanchana Wijesekera, Advisor to the Minister of Labour and Foreign Employment Shan Yahampath, IFC Country Manager Alejandro Alvarez de la Campa, and Sunshine Holdings Group Managing Director Vish Govindasamy with Advocata Institute CEO Dhananath Fernando moderating the session.

The Chamber said participants can expect an in-depth exploration of the current status of SOE reforms, the strategies for revitalising large SOEs, and an examination of the potential positive impact these reforms could have on economic growth. Additionally, the critical role of labour reforms in this process will be thoroughly discussed, providing a well-rounded perspective.

This session is a unique opportunity to gain insights into the viewpoints of various stakeholders involved in the implementation of SOE reforms.

The Sri Lanka Economic Summit 2023 will take place on 28 and 29 November at the Shangri La Hotel, Colombo.