Mar 09, Colombo: The Commonwealth Business Forum (CBF) 2013 to be held in the Sri Lankan capital in November will bring investment opportunities to the island, the Chairman of the Commonwealth Business Council, Dr. Mohan Kaul said.
According to the Chairman, the CBF2013 to be held from November 12 to 14 in Colombo coinciding with the Commonwealth Heads of Government Meeting (CHOGM) will benefit Sri Lanka and provide a networking opportunity.
The Forum will bring together over 1000 Business and Government Leaders at the largest business event ever held in Sri Lanka to discuss the key economic and business issues of the day, form new partnerships and create contacts, according to the organizers.
Dr. Kaul last week held a discussion with the Minister of External Affairs Professor G.L. Peiris and representatives of Chambers of Commerce and Industry in Sri Lanka on the arrangements for the meeting of the Commonwealth Business Council which organizes he forum with Sri Lanka.
He says that Sri Lanka will receive about US$ 2 billion investment income by hosting the event and the even will provide Sri Lanka an opportunity to invest in other Commonwealth countries as well.
The theme of CBF 2013 is “Partnership for Wealth Creation and Social Development: The Commonwealth, Indian Ocean and SAARC”.
Dr. Kaul said non Commonwealth countries like China will also be invited to participate in the business forum to provide a platform for interactive networking.
The forum will focus on areas, such as, ports and shipping, agriculture, housing, tourism, education, IT and development in Sri Lanka.
Several meetings will be held after the forum in regional locations such as Hambantota, Jaffna and Kilinochchi showcasing investment opportunities in these regions, the Commonwealth official said.