Facing Global and Local Challenges: The New Dynamics for Economic Development
Reaping the benefits of a war free era, Sri Lanka is now increasingly focused on economic development. The business community has ventured into new avenues, expanding and diversifying business, and accelerating economic growth. New opportunities have also arisen for foreign investment, as well as for building public-private partnerships.
On the global scale, economies are emerging from the setbacks suffered during the recession, and Asia is playing a lead role in this. The region, home to a young and growing population, has much potential to offer to the world. However, it has been confronted with major challenges, calling the public and private sectors to rethink and refocus on issues. In addition, climate change, food security and population aging are also some of the key issues facing the region.
In such a context, for the first time in its decade long journey, Sri Lanka Economic Summit for 2010 will be held jointly with the Annual Conference of the Asia Pacific Chambers of Commerce (CACCI), a grouping of 27 countries in the Asia Pacific region.
The conference will explore in depth the current challenges faced by the Asian economies, identify priority areas on which countries and companies need to focus and recommend policy responses to the changing trends locally and globally. It will also focus on how the governments, international financial organisations and private sector participants can adapt to ensure growth and macroeconomic stability in Asia. Presented by The Ceylon Chamber of Commerce, the Conference also seeks to provide an opportunity to meet and network with participants from Asia – Pacific economies.
In addition, the conference will also focus on promoting investment and trade. Experts will discuss in detail strategies that could be adopted to attract foreign investments, examine successful models implemented by other states and mechanisms to ease and expedite implementation of large-scale infrastructure projects.
Participants will benefit from enhanced knowledge on global challenges and strategies to overcome them. Furthermore, they will also have an opportunity to learn of ways to develop their businesses and promote their products in Sri Lanka, while sourcing products from the country. Especially aimed at chairmen, CEOs, directors, senior managers, executives, management trainees, foreign investors, senior government officials and academics, the Conference will be held from July 5 to 7, 2010 at Cinnamon Grand, Colombo.
Monday, July 5, 2010 CACCI Parallel Breakout Sessions (optional) 9.00 am – 10.30 am Parallel Breakout Sessions 1 Asian Textiles and Garments Council Asian Chemicals Industry Council Young Entrepreneurs Group Asia-Pacific Asian ICT Council 10.45 – 12.15 pm Parallel Breakout Sessions 2 SME Development Council Asian Council on Tourism Women Entrepreneurs Council
6.00 pm – 7.30 pm Opening Ceremony of the 24th CACCI Conference and the SRI LANKA Economic Summit 2010 Welcome Address by Prof Lakshman R Watawala Chairman of the Conference Committee Address by Dr Anura Ekanayake Chairman, The Ceylon Chamber of Commerce Address by Kosala Wickramanayake President, Federation of Chambers of Commerce and Industry of Sri Lanka Welcome Statement by Harvey Chang President of CACCI Chief Guest – Official from the Government of Sri Lanka Keynote Speaker – (tbc) Congratulatory Remarks by Sohn Kyung-Shik Chairman, The Korea Chamber of Commerce and Industry Brief Response by Dr Jeffrey Koo CACCI Honourary President Presentation of Testimonials of Appreciation to the Chief Guest and the Keynote Speaker
Tuesday, July 6, 2010 Plenary Sessions and Speakers 9.00 am – 10:30 am Plenary Session 1 – Climate Change: Mitigating its Impact on Business and Economic Development Takashi Hongo Special Advisor and Director General for Environment Finance Engineering Department, Japan Bank for International Co-operation Renton de Alwis Former Chairman, Sri Lanka Tourism Board Shirani Yasarathne International Union for Conserving Nature, Bangkok Dr Mehdi Fakheri Vice President for International Affairs, Iran Chamber of Commerce, Industries and Mines Chairman. Moderator: Annisul Huq, President, Federation of Bangladesh Chambers of Commerce and Industry and Chairman, SAARC Chamber of Commerce and Industry
11.00 am -12:30 pm Plenary Session 2 – Investing in Human Capital and Technology for Sustainable Economic Growth Keynote Speaker: Dr Sarath Amunugama Deputy Minister, Ministry of Finance and Planning Dr Morris Chang Founding Chairman, Taiwan Semiconductor Manufacturing Company (TSMC) – (tbc) Dr Hyeun-Suk Rhee Director, United Nations Asian Pacific Training Centre for Information & Communication Technology for Development (UN-APCICT) Ravi Peiris Director General, Employers Federation of Ceylon Chairman/Moderator: Sergey Vasiliev Director, International Cooperation Department, Chamber of Commerce of the Russian Federation
2.00 pm – 3.30 pm Plenary Session 3 – Issues on Food Security and Opportunities in Innovative Agriculture/Plantation Rebecca Cohn Mission Director, USAID, Sri Lanka Prof Shabd Swaroop Acharya Honourary Professor, Institute of Development Studies, India Dr Anura Ekanayake Chairman, The Ceylon Chamber of Commerce Darren Lee, Board Director, Ten Ren Tea Chairman/Moderator: Dr Mehdi Fakheri Vice President for International Affairs, Iran Chamber of Commerce, Industries and Mines
3.50 – 5.20 Plenary Session 4 – Economic Implications of an Aging Population: Challenges and Opportunities Dr W Indralal de Silva Professor and Head, Department of Demography, University of Colombo Prof Alfred Chan Cheung Ming Professor and Director, Asia-Pacific Institute of Aging Studies, Hong Kong Prof Mohammad Afzal Honourary Professor of Demography, Population Research Centre, Pakistan – (tbc) Chairman/Moderator: Ambassador Benedicto V Yujuico CACCI Executive Vice President & Chairman Emeritus, Athena e-Services.
Wednesday, July 7, 2010 8.30 – 9.00 am Opening Session of the Joint Sri Lanka Economic Summit – CACCI Conference Welcome Remarks: Prof Lakshman R Watawala Chairman, Conference Committee Keynote Speaker: Prof G L Peiris Minister of External Affairs – (tbc) 9.00 am – 10.30 am Plenary Session 5 – Foreign Direct Investment Opportunities in Asia & Pacific Keynote Speaker: Basil Rajapaksa Minister of Economic Development – (tbc) Atul Bindal President, Mobile Services, Bharti Airtel Jegathesan Chief Executive Officer, JJ International Consultants Session Chairman: (tbc)
11.00 am – 12.30 pm Plenary Session 6 – Accelerating Infrastructure Development Government Policy on Infrastructure Development Keynote Speaker: Dr P B Jayasundara Secretary, Ministry of Economic Development International Funding for Accelerating Infrastructure Development Richard W A Vokes Country Director and Resident Representative, Asian Development Bank – Sri Lanka Resident Mission Gajendra Haldea Advisor to DCH (Infrastructure), India – (tbc) Session Chairman: J D Bandaranayake Past Chairman, The Ceylon Chamber of Commerce and Chairman/DG, Board of Investment, Sri Lanka
2.00 pm – 5.20 pm Plenary Session 7 – Fast Tracking the Economy 2.00 pm – 3.30 pm Panel discussion 1 Keynote Speaker: Mahinda Samarasinghe Minister of Plantations Export Agriculture: Samantha Ranatunga, Managing Director and Chief Executive Officer, CIC Colombo Fisheries: Indu Ranasinghe Director General, Ministries of Fisheries – (tbc) IT/BPO: Madu Ratnayake Vice President and General Manager, Virtusa Industrial Sector: W K H Wegapitiya Chairman, LAUGFS Holdings Plantation Industry: Dr Rohan Fernando Director, Aitken Spence / Head, Business Dev and Plantations, Aitken Spence Plantations Tourism: Srilal Miththapala President, Sri Lanka Tourist Hotel Association Moderator: Savithri Rodrigo
3.50 pm – 5.20 pm Panel discussion 2 Keynote Speaker: Ajith Nivard Cabraal Governor, Central Bank of Sri Lanka Apparel: A Sukumaran Chairman, Joint Apparel Association Forum (JAAF) Banking and Finance: Nick Nicolaou Chief Executive Officer, The Hongkong Shanghai Banking Corporation (HSBC) Construction: Rohan Tudawe Managing Director, Tudawe Brothers Developing Managerial Skills: Dr Uditha Liyanage Director, Postgraduate Institute of Management Ports and Shipping: Mohan Pandithage Chairman and CEO, Hayleys Moderator: Arun Dias Bandaranayake