Sri Lankan companies urged to seize multiple opportunities in Maldives

The Sri Lanka -Maldives Business Council of the Ceylon Chamber of Commerce this week highlighted numerous opportunities in the Maldives for the Sri Lankan companies in sectors such as logistics, tourism, agriculture, boat construction, fishery and construction.

A report listing the opportunities was presented to the Export Development Board (EDB) Chairman Mangala Wijesinghe and the High Commissioner of the Maldives Masood Imad.

The report was compiled following the Sri Lanka -Maldives Business Council’s meetings with seven key ministries and stakeholders, including Maldives Ports Ltd., Economic Development Ministry, Tourism Ministry, Male City Mayor, Agriculture and Animal Welfare Ministry, Transport and Civil Aviation Ministry, and Cities, Local Government and Public Works Ministry.

Sri Lanka -Maldives Business Council President Sudesh Mendis told at the launch that more trade between the two nations will bring good revenue as opportunities are vast in many sectors in the Maldivian market presently also, they offered special concessions including 50% tax discount for small boat operations.

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