Monday, December 6, 2021

‘Lanka at crucial point in economic development trajectory’

Sri Lanka is at a crucial point in their economic development trajectory and the steps taken now by the government and private sector will determine how Sri Lanka will emerge from their current challenges and signal the direction for the nation’s economy and the prosperity of its people.

“As the private sector we have learnt to survive in the face of unprecedented challenges, demonstrating resilience and continued perseverance. It is now up for us to shift gears as we emerge from the pandemic and start preparing our businesses for the next decade of growth,” said Chairman Ceylon Chamber of Commerce Vish Govindasamy at the inauguration of Ceylon Chamber of Commerce hosted Sri Lanka Economic Summit 2021 yesterday.

“While understanding that the economy is facing numerous challenges at present, we want to also be able to find solutions through a public private dialogue. It is said that one must not let a crisis go to waste and we feel this is an important opportunity for the Sri Lankan economy to bring in the reforms needed to ensure sustainable economic growth and development.”

“We hope that the arrival momentum seen since September 2021 will be a sign of the bounce back of this sector which has been badly affected in the last 2-3 years. The summit has also understood the role that technology will play in driving this revival. Hence the steps Sri Lanka will need to take in establishing a technology hub will also be explored.

“When Sri Lanka shines, we will automatically shine.”

Sri Lanka Economic Summit has been the premier annual forum for economic policy discussion and an opportunity for the private sector to enhance their knowledge on key development projects and policy directions. The theme for the 21st Sri Lanka Economic Summit is ‘Springboard for Revival: Opportunity to Reset”

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