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Sri Lanka announces EXPO 2012

Sri Lanka announced a mega export exhibition for international buyers to be held in 2012 in Colombo. Toasting an exporter's networking session hosted by the Export Development Board at the Cinnamon Grand Hotel, Colombo Minister Bathiudeen said "Sri Lanka Expo 2012 to be held in March 2012 will showcase Sri Lanka's new export capabilities to international buyers". According to Central Bank data, Sri Lanka's export earnings show the highest ever annual value of US$ 8.3 billion in 2010, a 17.3% increase.

The export earnings in December 2010 alone record highest ever monthly value of US$ 968 million. Export earnings in January 2010 increased sharply, up 72.4 percent to US$ 813.4 million from US$ 471.7 million a year ago.

“As a country we have collective responsibility to mobilize our national resources to design an optimal basket of exports that will carry Sri Lanka towards the envisioned export target of $ 20 billion by 2020-and even beyond. In this endeavor our success will depend on finding new markets while at the same time effectively diversifying our export products. In fact, such an approach of sustained diversification will ensure new market opportunities to Sri Lanka” Minister Bathiudeen said.

Many private sector exporters cheered the 2012 move. G.E.L Silva, Managing Director of BOI firm GP De Silva & Sons Int’l, the BOI firm which netted US $ 18 million in Forex revenues for Sri Lanka in 2010 through its cinnamon basket, said:“This is a good initiative to take Sri Lanka’s message of competitiveness to the international markets. Of course, it depends on how effectively it would be organized and showcased. On the sidelines, I get to save on my expenses for international fairs and exhibitions that I have to pocket out by myself” Silva’s BOI firm is one of the largest private sector cinnamon exporters in Sri Lanka.

Courtesy: http://www.news.lk/home/18009-sri-lanka-announces-expo-2012

Expo Event Calendar

Sri Lanka Expo 2012 will be held from 28th to 31st of March, 2012 at BMICH. Click here to view the Expo Event Calendar

Sponsors

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  • Brandix
    Inspired Solutions
  • Sri Lanka Apparel
    Voice of Sri Lanka Apparel and Textile Industry
  • Sri Lankan Airlines
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  • HSBC
    The world's local bank
  • Dialog Axiata
  • BTI Lanka
    One and only Boat Building Training Institute in Sri Lanka
  • Prima
    Over 3 Decades of Nutrition to the Nation
  • Ellawala Exports
    Sri Lanka's No. 1 Gem Exporter
  • Mushan International
    Specializing in fine Sapphires
  • Akbar Tea
    Premium Quality Tea Exporter
  • Dilmah Tea
    The Single Origin Tea 100% Pure Ceylon
  • HNB
    Your Partner In Progress
  • Trillium
    A place you fall in love with

Stakeholders

  • Ministry of Industry & Commerce
  • Ministry of External Affairs
  • Ministry of Economic Development
  • Ministry of Plantation Industries
  • Sri Lanka Export Development Board
  • Department of Commerce
  • Board of Investment
  • Sri Lanka Tourism Development Authority
  • National Gem & Jewellery Authority
  • Sri Lanka Export Credit Insurance Corporation
  • Sri Lanka Ports Authority
  • Department of Export Agriculture
  • Sri Lanka Tea Board
  • Coconut Development Authority
  • National Chamber of Exporters of Sri Lanka
  • National Chamber of Commerce of Sri Lanka
  • Ceylon Chamber of Commerce
  • Federation of Chambers of Commerce and Industry of Srilanka

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