Home Business & Finance EDB to lead Sri Lanka’s participation at Expo 2020 Dubai

EDB to lead Sri Lanka’s participation at Expo 2020 Dubai

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Opening Remarks-by Mr.Saman Maldeni, Actg ADG F& A Director Export Services

Export Development Board(EDB) with the public as well as private stakeholders will  spearhead Sri Lanka’s participation at the Expo-2020 Dubai global trade exposition which is considered as one of longest standing as well as largest international events and first of its kind across Asia and Africa.

  Expo 2020 Dubai trade exposition which is showcasing strengths, capabilities and innovation of over 190 is set to host over 25 million visitors from across the globe. This prestigious event held once in every five years and lasting over a period of six months, aims to provide a global forum for innovation and creativity , and exposure for industry and commerce, business opportunities and alliances, in a backdrop of global cooperation.

Sri Lanka became an official participant at the World Expo 2020 Dubai, as the Government of Sri Lanka signed the official participation contract with the “Dubai Expo 2020 Bureau”  on July 8th, 2019. The high level delegation to the UAE for the contract signing ceremony was led by Deputy Minister of Development Strategies and International Trade Mr.Nalin Bandara.

Sri Lanka will have its pavilion at the Expo 2020 Dubai in the UAE in an area of 212 sqm under the sub theme of “opportunity”, and the pavilion will be branded under the title” Island of Ingenuity”.

The pavilion will highlight Sri Lanka’s rich portfolio of offerings as well as promote it as an export hub driven by innovative products and services giving priority to the identified focus area in the National Export strategy, thereby attracting Foreign Direct investments, especially  for export-oriented manufacturing. Up to now, 20 sector proposals has been received by the EDB to showcase its capacity at the Sri Lanka pavilion.

This EXPO will be an ideal opportunity to increase especially the market share for Sri Lankan products and services internationally particularly in the access point to the emerging markets, capitalizing on UAE’s position as strategic   logistic hub and a key access point to the emerging markets in the Middle East and the African Continent to generate international interest and participation in Sri Lanka’s developments in innovation, Trade, Tourism and Investment.