Japan’s SME sector wants to tap commercial opportunities in Sri Lanka

A Japanese business delegation representing the SME sector held talks with the Ceylon Chamber of Commerce earlier this week.

A joint effort of the World Business Society of Tokyo Small and Medium Enterprise Consultant Association (WBS) and World Business Associates Company ltd, the delegation comprised representatives from Japanese SME companies engaged in diversified business operations. They met with the officials of the Ceylon Chamber of Commerce and inquired into the economic and investment climate of the country. The mission focused on establishing ties between Japanese and Sri Lankan SMEs.

Japanese enterprises are looking at how they can tap into the one billion strong Indian market via Sri Lanka and also focus further into the larger regions of Africa and South-East Asia.

The delegation, which included representatives from nearly 15 Japanese companies, was scouting for opportunities in agricultural product processing, textile industries, healthcare services and tourism. The meeting took place at the Ceylon Chamber of Commerce and past Chairman of the Association Thilak De Soyza was also present.