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The Commonwealth Enterprise and Investment Council (CWEIC) had the pleasure of organising a roundtable discussion on “Strengthening Commonwealth – Sri Lanka Partnerships” with representatives of the Sri Lankan Ministry of Investment Promotion, the Board of Investment Sri Lanka (BOI Sri Lanka) and the Sri Lankan High Commission in the UK.

High Commissioner Rohitha Bogollagama addressed UK corporate leaders, industry heads, and trade chamber representatives, emphasizing Sri Lanka’s rapid economic recovery and debt-restructuring efforts with international bodies. He highlighted the favourable investment climate, citing tax incentives, legal framework, talent pool utilization, and BOI facilitation. Bogollagama outlined investment prospects in tourism, higher education (including a proposed digital university), Colombo Port City, IT, AI, and other sectors, leveraging Sri Lanka’s strategic Indian Ocean location.

At the Roundtable, a video message from Hon Dilum Amunugama, State Minister of Investment Promotion, highlighted Sri Lanka’s favourable investment climate, BOI Investor Facilitation Centre’s facilities, and Ready to Invest projects. Deshan J Gonawela presented “Investing in Sri Lanka” on behalf of BOI, while Niro Cooke further elaborated on investment opportunities as CWEIC’s Chair for Sri Lanka.

Moderated by Lord Marland, participants engaged in an interactive session, sharing experiences and questions. The roundtable underscored the factors that position Sri Lanka as an appealing investment destination, with panellists highlighting the nation’s versatile workforce and its successful handling of complex macroeconomic dynamics. Additionally, questions from participants prompted a discussion on the pivotal role of legal frameworks in shaping investment attractiveness and the function of renewable energy in the investment outlook conversation.