COYLE visits Hambantota; says a land of opportunity for PPPs

The Chamber of Young Lankan Entrepreneurs (COYLE) recently visited Hambantota as a part of their mission of promoting investments through collaborative efforts with State authorities.

Member of Parliament Namal Rajapaksa had extensive discussions with the COYLE delegation of over 50 new generation entrepreneurs for investment promotions in the area.

COYLE Chairman Nayana Dehigama has stated that the various aspects of investment possibilities they discussed with the authorities was quite encouraging.

“The couple of hours we interacted with Namal Rajapaksa was very productive and we could foresee how the new generation state leadership can create synergy with the new generation entrepreneurs as the thought processes show similarities and converge easily. Opportunities on offer in Hambantota under the new development program of the Government are promising and great. Progress of infrastructure development in the area is highly commendable,” he said.

Some COYLE members have already commenced implementation activities of several medium and large-scale ventures in Hambantota area while many have expressed positive signs of investments in the area, he added. During this visit the COYLE delegation visited the Hambantota Port and the Mattala Airport site as well. The support extended to us by Dr. Priyath Bandu Wickrama, Chairman of the Sri Lanka Port Authority in guiding the visits and meetings was commendable, Dehigama said.

COYLE was formed as a business chamber of entrepreneurs in 1999 with the vision to be the most influential and vibrant trade chamber for the young business leaders in Sri Lanka with just 17 members on board.  Today its membership has grown to over 100 leading and prominent entrepreneurs in Sri Lanka.

Members of COYLE contribute immensely to the economic progress, stability and prosperity of the country while raising voice and unbiased opinion on the matters of national importance.

As of today, COYLE members own and run over 200 leading business enterprises in diverse sectors and across all industries in the country and they provide in excess of 250,000 employments to our nation while contributing in excess of Rs. 300 billion towards the country’s GDP through local and international trade.

Many COYLE members have been adjudged as the best entrepreneurs in Sri Lanka and in the Asia Pacific, and have been rewarded by various national and international organisations.