Entrepreneurship and export drive to take centre stage in OBG report

Sri Lanka’s plans to nurture small and medium-sized enterprises, as part of its longer-term bid to achieve upper-middle-income status, will be explored in a report due out in the coming months by the global research and consultancy firm Oxford Business Group (OBG).

The Report: Sri Lanka 2018 will shine a spotlight on efforts under way to encourage innovation among entrepreneurs with a view to increasing exports, especially international sales of higher-value goods, and boosting competitiveness. 

New trade agreements will be a key focus, together with the reinstatement of the generalised scheme of preferences GSP Plus benefits and their impact on exports.
 The publication will also include detailed coverage of Sri Lanka’s drive to attract investors for its project pipeline, which includes infrastructural development, and plans for the transport and mining sectors.

In addition, OBG will chart the raft of reforms implemented to-date and analyse their effectiveness, while considering what the country could do next to increase investor confidence and ensure new growth is inclusive. 

The Ceylon Chamber of Commerce has signed a third memorandum of understanding (MoU) with OBG for its forthcoming publication. Under the MoU, the chamber will assist in the research for The Report: Sri Lanka 2018.

Rajendra Theagarajah, the Chairman of the Ceylon Chamber of Commerce said he looked forward to teaming up once again with OBG to highlight the new opportunities emerging from Sri Lanka’s economic expansion. Commenting after the signing, OBG’s Country Director in Sri Lanka Andrea Tsiachtsiri agreed that Sri Lanka’s efforts to open up to the global investment community were yielding results.

The Report: Sri Lanka 2018 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments. The publication will also contain contributions from leading representatives, including President Maithripala Sirisena. It will be available in print and online.