Sri Lanka Mission woos Japanese investments via webinar with UNIDO and BOI

Wednesday, 23 February 2022 03:57 - - {{hitsCtrl.values.hits}}

Over 80 Prospective Japanese companies participated in a webinar organised by the Sri Lanka Mission in Japan.

Ambassador Sanjiv Gunasekara highlighted the investment synergies between Japan and Sri Lanka. He emphasised investing in IT sector, Renewable energy and Agricultural technology. Ambassador also mentioned the high quality of graphite available in Sri Lanka which 30% is a raw material for EV batteries and proposed considering a giga EV battery factory where the products can be exported to India and Pakistan. Ambassador mentioned Sri Lanka is the only country that has Free Trade Agreements with India and Pakistan with access to over 1.6 billion people.

He also emphasised the presence of Noritake and the high quality of clay Sri Lanka processes and invited any ceramic related manufacturing company to consider Sri Lanka and mentioned the competitive labour, management and utility rates that exists.

BOI Chairman Raja Edirisuriya made the welcome speech and Executive Director Prasanjith Wijayatilake made a detailed presentation.

UNIDO Tokyo Head Yuko Yasunaga participated with colleagues and requested information from the BOI.