-Korean businessmen need to consider Sri Lanka's accessbility with Europe market
Korean businessmen need to consider Sri Lanka's accessbility with Europe market
when they consider to invest in Sri Lanka.
Such remarks were revealed through a speech by Sri Lanka Amb. Manisha Gunasekera
to commemorate the 69th Anniversary of Sri Lanka Independence as well as the 40th
Anniversary of diplomatic ties between Korea & her country. Gunasekera paid her
attention to Sri Lanka Mega Polis as well as approximately 25,000 Sri Lanka workers
residing in Korea as a solid symbol of economic collaboration between Korea & Sri
Lanka by her welcome remarks for Diplomatic Corps as well as Korean friends, held
on Feb. 3rd evening at the Seoul Millennium Hilton.
Sri Lanka envoy Gunasekera (fifth female from row) commemorating her country's Independence surrounding the Seoul Diplomatic Corps. |
Land & Transportation Minister Kang Ho-in also highlighted by his congratulatory remarks that Sri Lanka is a bridgehead
linking Asia & Europe, echoing with Sri Lanka Amb. Gunasekera's opinions.
In an another commemorative ceremony held in Kimpo Citizen Hall on Feb. 5th
afternoon, Sri Lanka Amb. Gunasekera said that 2017 will be one year for Sri Lanka to
get out of its poverty, citing remarks from Sri Lanka President Maithripala Sirisena.
She expected for bilateral relations to be deepened even more thanks to Sri Lankan
workers over 30,000 peoples who increased 32% in comparison with previous year.
Kimpo City mayor Yoo Young-rok also prayed for bilateral partership relations to be deepened thanks to Sri
Lankan workers over 53,000 peoples in Korea.
Sri Lanka Independence commemorative event held in Kimpo. |
According to the Embassy of Sri Lanka Seoul, Korea is an important source of
foreign direct investment to Sri Lanka. Korean investment has over 70 companies
based in Sri Lanka, and has generated more than 8,000 job opportunities in the
country. The sectors in which Sri Lanka welcomes investment and joint ventures by
Korean companies are manufacturing (auto components, machineryand appliances,
electronic and electrical products, pharmaceuticals, rubber-based products, value added gems and jewellery); infrastructure development(urban centre development, hospitals, transport networks, hospitals, etc); tourism(development of hotels, beach resorts, villas, theme parks, golf courses, etc); IT
(software industry, BPM/IT and IT enabled services), apparel and textiles, agro-processing, dairyand fisheries, among others.