German Ambassador meets with BOI officials

March, 18, 2022

Holger Seubert, Ambassador of Germany, Olaf Malchow, Deputy Head of Mission / Counsellor and Alexandra Voss , Chief Delegate of German Industry & Commerce in Sri Lanka (AHK) met with Raja Edirisuriya, Chairman BOI and Renuka Weerakone, Director General recently at the BOI.Malintha Gajanayake, Head of Corporate Affairs / Export Promotion (AHK) and Nilupul De Silva, Director (Investment Promotion) , BOI also participated in the discussion.
The objective of the meeting was to introduce the new Head of AHK in Sri Lanka  to continue the good working relation ship between the BOI and AHK.

During the discussion the matters discussed comprised of the facilitation provided for existing investors to  encourage them to re-invest and expand their operations in Sri Lanka, as well as attracting more  FDI from Germany, especially in the pharmaceutical sector.

The BOI Chairman briefed the Ambassador and his team regarding the pharmaceutical zone that is currently being developed in Hambantota, and requested the Ambassador to invite leading world class German companies to invest in Sri Lanka in the pharmaceutical sector. Both sides agreed to continue the dialogue on a regular basis, to discuss the  issues faced by the existing German investors, in order to make the facilitation more effective.

The Ambassador stated that whilst appreciating  the assistance provided by the BOI for the existing German investors, The German Embassy in Colombo in close collaboration with AHK will continue to work closely with the BOI to provide an effective facilitation programme for the German companies to encourage them to re-invest as well as invite potential German companies to invest in Sri Lanka.

The Ambassador assured their fullest co-operation in attracting FDI to Sri Lanka.