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International
Consultants Chairman Mr Ranjiv Goonawardena kindly invited
the Sri Lanka Tourism Promotion Bureau to participate by
showcasing the great opportunity that Sri Lanka has to
offer, at the Islamic Real Estate Finance (IREF) Summit and
Gala Dinner Awards Ceremony of which it was a sponsor.
International Consultants sponsored for the 2nd year the
ninth annual Islamic Real Estate Finance (IREF) Summit which
took place on the 30th of November 2011 at the Jumeriah
Carlton Tower, Knightsbridge. With constant support from
major players in the industry as well as focusing on
bringing the most current international
real-estate issues which are affecting the conventional and
Islamic financial sphere. The event was attend by Captains
of Industry, Commerce and Financiers (Chairmen, CEO’s, CFO’s,
and Senior Directors from USA, Europe, and Arab States of
the Gulf.
According to
International Consultants Chairman Mr Ranjiv Goonawardena
‘’Sri Lanka & Sri Lanka Tourism in particular has great
future emerging from a decades-long civil war, and is
enjoying an economic revival. It is currently the
second-fastest growing Asian economy after China, a fact not
lost upon the IMF, which recently upgraded Sri Lanka to
middle income emerging market status’’ .
‘’Like Brazil, Sri Lanka enjoys an adult literacy rate of
just over 90%. Sri Lanka s gross enrolment ratio, which
gives an indication of school attendance, is also comparable
to that of China’’.
‘’What is particularly noteworthy of Sri Lanka s growth is
the narrowness of its gender gap. In the Global Gender Gap
Report 2010 published by the World Economic Forum, which
measures gender-based disparities on economic, political,
education and health-based criteria, Sri Lanka ranked within
the top 20, the only South Asian country to do so. Closing
the gender gap is not just an issue of gender equity it is
also one of harnessing the current human resource potential,
and uplifting the potential of the next generation. The most
important determinant of a country s competitiveness is its
human talent the skills, education and productivity of its
workforce. In any country, women account for half of the
current talent base and have a key role in nurturing the
next generation.’’he added.
This is a great time to showcase Sri Lanka to the entire
world because of the following good
news:-
- The Happy
Planet Index (HPI) is an index of human
well-being and environmental impact. Sri
Lanka is ranked 22nd out of 143 countries,
the UK 74th and USA is 114th place.
- The World
Giving Index (WGI) was compiled by the
Charities Aid Foundation, ranked 153
countries in the World according to how
charitable giving their populations by
country: who is the most generous, Sri Lanka
is ranked 8th.
- According to
the International Monetary Fund list of
countries Sri Lanka is ranked 9th position
in the world with a GDP rate of 9.1When the
UK is ranked 146th in the world with a GDP
rate of 1.2. USA is ranked116th in the world
with a GDP rate of 2.8.
- In Asia Sri
Lanka is the 5th fastest growing in the
region
- 8 Jan 2011
The Fasting Growing Global Stock Exchange.
Surprisingly the fastest growing exchanges
is Colombo Stock Exchange – Sri Lanka
(133%), Osaka Stock Exchange Japan (77.9%)
followed by Philippines, Indonesia and
Thailand.
- Sri Lanka
achieved a credit ratings upgrade by Fitch
to BB-, and both the Moody's and S&P ratings
were improved to positive outlook
- Sri Lanka’s
international sovereign bond for US Dollars
was oversubscribed more than 7 times.
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Sri Lanka
Tourism, British Sri Lanka Chamber of Commerce and The Sri
Lanka High Commission were represented at this forum that
attracted a lot or Middle & Far Eastern Investors and
financiers.
Commenting on the event Mr Sanjika Perera, Director Sri
Lanka Tourism in UK said. ‘ we are privileged to be
participating in this event where we are able to promote Sri
Lanka as an emerging Tourism hotspot and also create
interest amongst the investment community to attract much
needed investment towards Sri Lanka.
International Consultants is a consultancy and brokering
hybrid of a private equity and a corporate finance group,
and is a special purpose vehicle (SVP) focusing on emerging
markets, 75% of their work is international (mainly
Pan-Africa, and Asia). There are three elements to the
business. These include: researching actively for projects
with investment potential; recruiting principal
shareholders, syndicating finance to other financial
institutions; and acting as advisors to corporations and
governments to develop strategies and solutions. The minimum
project size would be £100 million.
The majority of the company's expertise is in Corporate
Finance: mergers and acquisitions, including domestic and
cross-border transactions; privatisations; corporate fund
raising; flotations; financial restructuring; general
financial advice; domestic and cross-border mergers and
acquisitions; divestitures; special committee assignments;
takeover defences; corporate restructuring; and strategic
partnerships/joint ventures; business cost reduction
techniques; business development enhancement management
skills to increase organisational profitability and other
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