Middle East conglomerate Ajlan & Bros Holding Group vies opportunities at Port City

Ajlan & Bros Holding Group Deputy Chairman Sheikh Mohammed Al-Ajlan (right) with Colombo Port City Economic Commission Chairman Dinesh Weerakkody

A top team of Ajlan & Bros Holding Group, one of the largest private sector conglomerates in the Middle East region, recently met with the Colombo Port City Economic Commission (CPCEC) Chairman and officials to discuss the prospects of investments and future opportunities in Sri Lanka.

The visiting team included Deputy Chairman Sheikh Mohammed Al-Ajlan, Group CEO Ali Alhazmi Fahad and Senior Financial Advisor Al Semari.

Ajlan & Bros Holding Group employs over 10,000 people in over 15 countries and across 70 companies.

The visit and discussions were part of the investment promotion strategy of Port City Colombo amongst the international business investors who seek free and open business enclaves in the region with multiple location advantages.   As the Asia Region continues to attract increased global capital inflows, expand its markets, simulate a growing high-income class, and sustain the higher growth momentum, Port City Colombo offers beyond a geographical advantage, with fiscal and non-fiscal incentives for ease of doing business.

Port City Colombo endeavours to offer a ‘One-Stop-Shop’ Service Centre, with far-reaching tax and regulatory incentives, free trade facility, forex and banking ring-fencing, an open labour market and a very attractive living environment focused on green and smart living.