Nov 01, Colombo: Anticipating a large number of foreign business delegates at the upcoming Commonwealth Business Forum (CBF) 2013 that will take place alongside the Commonwealth Heads of Government Meeting (CHOGM) in November, Sri Lanka has decided to establish two investment centers for the investors arriving in the country to participate in the Business Forum.
One of the investment centers will be set up in Cinnamon Grand Hotel where the Commonwealth Business Forum is held.
The other investment center will be established at the Trade and Tourism Investment Exhibition Center situated in Jana Kala Center at Battaramulla in Sri Lanka's administrative capital of Sri Jayewardenepura.
The Commonwealth Business Forum, jointly organized by the Commonwealth Business Council (CBC) and the Sri Lankan government, will take place in Colombo Nov. 12-14 under the theme "Partnership for Wealth Creation and Social Development: The Commonwealth, Indian Ocean, Pacific, and SAARC."
Around 1,000 delegates form 65 countries are expected to participate in the Forum, making it largest ever business gathering in Sri Lanka. Some of the participants are from countries outside the Commonwealth such as China, Russia and Japan.
The investors can obtain information on the investment opportunities, benefits and the tax relief provided to them.
The World Bank recently ranked Sri Lanka highly among its neighbors in the South Asian region for ease of doing business.