By: Staff Writer
Colombo (LNW): The International Gem and Jewellery Exchange at the Colombo Fort City Centre is to be upgraded from its current poor performance with Chinese public- private sector assistance State Minister of Investment Promotion Dilum Amunugama disclosed.
State Minister Amunugama’s recent visit to China has resulted in the due attention of the major players in the Chinese business fraternity including the gem and jewellery sector.
The CZK Harui Economy and Trade Development (Beijing) Ltd., held initial discussions during the Minister’s visit to China and within a few weeks the representatives of the company visited Colombo to meet BOI officials.
During the meeting, the representative of the company came up with a proposal for the. International Gem and Jewellery Exchange at the Colombo Fort City Centre further improve its activities to earn much needed foreign exchange.
Minister Dilum Amunugama emphasised that this immediate response is not only business opportunities offered by Sri Lanka government but also the solidarity between the two countries maintained for so many years and shows sincere concern for the Chinese Government’s support of Sri Lanka.
The International Gem and Jewellery Centre not only serves the gem and jewellery sector but it will bring more business travellers to the country, and directly impact the tourism sector as well, the minister further added.
Sri Lanka is one of the meccas of gemology. Few sources, especially among active localities, can match its rich history as a gem producer and trade center.
As Sri Lanka takes its place in today’s gem and jewelry industry, the gemologist can observe a combination of traditional methods and modern technologies as well as new business strategies for a highly competitive market.
The representative of the CZK Harui Economy and Trade Development (Beijing) Company Ltd., seeks further investment opportunities in sectors such as new renewable energy projects in solar power generation and storage with the idea of introducing a new brand solar taxi system to Sri Lanka.
It will provide technology transfer for training and developing the Sri Lankan youth in solar power project implementation and maintenance
The company also agreed to provide further communication opportunities to develop a strategic partnership, instituted under the Ministry of Investment Promotion by providing necessary inputs.
Sri Lanka e-commerce Matrix Pavilion will be provided with a captured company database for branding Sri Lanka as a new emerging business destination to the Chinese investors amidst expected new investment laws and business ecosystem.
