‘Great scope’ for cement exports to Sri Lanka: Rajabdin

‘Great scope’ for cement exports to Sri Lanka: Rajabdin
Published: 01 July 2008

There is a great scope for private sector to export cement to Sri Lanka to meet the ever increasing demand of cement as construction industry in Sri Lanka was rapidly growing with a reasonable pace. These comments were made by President of the Sri Lanka Federation of Chambers and Commerce and Industry, Nawaz Rajabdin who is also VP, SAARC CCI, on Monday was talking to his counterpart in Pakistan Iftikhar Ali Malik by telephone.

He said the Sri Lankan government had offered special package of attractive incentives for investment from Pakistan under SAFTA and FTA. He said that Sri Lankan ministry of Textile and Industries Development has floated international tenders to import huge quantity of cement and Pakistan private sector can take full advantage.

Nawaz Rajabdin also discussed the issues of mutual interest while emphasising the two countries should effectively contribute towards promotion of bilateral as well as regional trade.

Iftikhar Ali Malik said Sri Lankan minister for Textile and Industries Development Kanera Valgam has assured him that Sri Lanka will fully encourage Pak private sector to export cement to his country at competitive rate.