One of Dubai’s leading conglomerates, GMI Holding FZCO, has entered into a strategic partnership with Sri Lanka’s prominent business groups, 4R Holdings International (PVT) Ltd and RS Lanka, to establish a new joint venture with an initial investment of USD 40 million.
The collaboration will focus on the Fast-Moving Consumer Goods (FMCG), Ready-Made Garments (RMG), and Soft Commodities sectors. The venture aims to leverage Sri Lanka’s strategic geographic location and preferential trade agreements to secure duty advantages and strengthen supply chain access to regional and global markets.
GMI Holding FZCO is a UAE-based holding company with diversified interests across manufacturing, real estate development, FMCG, international trading and financial services. The Group maintains a strong footprint across South Asia, Far East Asia and the Middle East, with a proven track record in strategic investments, operational excellence, and cross-border trade facilitation.
4R Holdings International has diversified business interests spanning Real Estate Development, Hospitality Ventures, Healthcare, Import & Export operations, and Government Infrastructure Development projects. This collaboration marks another long-term partnership with a leading conglomerate operating across Asia and the Middle East.
Furthermore, RS Lanka is a leading Sri Lankan business group with established operations in trading, distribution, supply chain management, and sector-specific industrial investments. Their strong local market knowledge, regulatory expertise, and operational infrastructure will play a critical role in the successful execution and scaling of the joint venture.
Speaking on the joint venture Mr M. Rilwan Razick chairman 4R Holdings international said this partnership expected to attract substantial foreign investment into Sri Lanka and it will help strengthening countries economic growth also the partnership reflects a shared vision to build a sustainable, export-oriented platform that maximizes Sri Lanka’s competitive advantages while strengthening bilateral trade ties between the UAE and Sri Lanka. The venture is expected to commence phased operations following regulatory approvals and strategic market alignment.