25th - 26th July 2017Cinnamon Grand - Colombo, Sri Lanka

SRI LANKAECONOMIC SUMMIT

2017

Commerce

The

ChamberCeylon

of

Execute – Transform – Realize

Register online at: www.srilankaeconomicsummit.lk

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Sri Lanka’s economy is navigating through a period of transformation, amidst global turbulence. Growth has moderated, amidst a fiscal consolidation effort that promises macroeconomic resilience in the medium term. Executing transformational strategies will be essential to realize the economy’s true potential.

This year’s Summit will focus on how the economy can be transformed through changing implementation models, accelerating reforms, changing business models as well as changing approaches to policy. This year’s summit deals with the domestic and global economic headwinds that the private sector needs to deal with, adapt to changing scenarios, and succeed in a competitive landscape.

Aboutthe Summit

SRI LANKAECONOMIC SUMMIT 2017

Execute – Transform – Realize

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DAY 1 (Tuesday, 25th July 2017)0800 hrs Registration

0830 – 1030 hrs INAUGURAL SESSION Accelerating Growth, Pushing for Performance Keynote Speakers: Hon Mangala Samaraweera - Minister of Finance and Mass Media Dr Arvind Subramanian - Chief Economic Adviser to The Government of India Dr Indrajit Coomaraswamy – Governor, Central Bank of Sri LankaPanelists: Hon Eran Wickramaratne – State Minister of Finance Mr Rajendra Theagarajah - Chairman, The Ceylon Chamber of Commerce

1030 – 1100 hrs Tea Break

1100 – 1230 hrs SESSION 1 Executing Reforms and Building Better Institutions

It is now well acknowledged that Sri Lanka cannot achieve faster economic growth and latch on to the many economic oppor tunities open to us without executing critical reforms. Evidence from other middle income countries also demonstrate that without building bet ter institutions and implementation systems bet ter qualit y growth – that is inclusive and sustained – cannot be achieved. Currently there are several international agencies and consultancy groups working on dif ferent aspects of Sri Lanka’s economic transformation agenda - from developing the Colombo International Financial Cit y, to accelerating PPP projects, expor ts, FDI, and fast-tracking public sector implementation. What are the key insights for the private sector from these ongoing initiatives? How do the key specialists involved in these reform programmes see what must be under taken in the next 2-3 years to drive the economy into high gear?

Presenters: Mr Ganaka Herath - Partner, McKinsey & Company Mr Shashank Srivastava - Managing Director, WSD Consulting / former CEO Qatar Financial Centre Mr Thilan Wijesinghe - Chairman, TWCorpPanelists: Hon Kabir Hashim - Minister of Public Enterprises Development Mr Sunil Hettiarachchi - Secretary, Ministry of EducationModerator: Mr Mano Tittawella - Chairman, EAP Group / Secretary General for Co-ordinating Reconciliation Mechanisms

1230 – 1330 hrs Lunch

SRI LANKAECONOMIC SUMMIT 2017

Execute – Transform – Realize

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DAY 1 (Tuesday, 25th July 2017)1330 – 1500 hrs SESSION 2 Executing a Smarter Trade Strategy amidst Turbulence

Global trade has moderated, the multilateral trade integration agenda has stalled, and new turbulences are put ting a strain on globalization. In the industrialised West, societies are placing pressure on their governments to do more to ensure trade is working for more people. As a consequence, tendencies towards protectionism are on the rise especially in subtle forms like non-tarif f and regulatory barriers. Amidst this, Sri Lanka is embarking on a new trade reform ef for t, anchored to tarif f liberalisation, preferential trade agreements, and expor t promotion. Is this a foolhardy strategy? Can Sri Lanka win? What must be done to realistically push forward? With these trends in the West, how can Sri Lanka latch on to growth in Asia, using ASEAN as a pivot?

Presenters: Dr Ganeshan Wignaraja - Chair Global Economy Program, Lakshman Kadirgamar Institute of International Relations and Strategic Studies Dr Harsha Vardhana Singh - Executive Director, Brookings IndiaPanelists: Dr Dushini Weerakoon - Deputy Director, Institute of Policy Studies Ms Elizabeth Ward - Special Negotiator, Office of Trade Negotiations, Dept of Foreign Affairs and TradeModerator: Mr Anushka Wijesinha - Chief Economist, The Ceylon Chamber of Commerce

1500 – 1530 hrs Tea break

1530 – 1700 hrs SESSION 3 Transforming the Economy through Technology

Technology is now a linchpin of economic progress and business competitiveness. Many of Sri Lanka’s key sectors are lagging due to a lack of technological advancement, and risk get ting lef t behind in a dynamic and competitive global economy. Digital technologies in par ticular of fer fast and feasible oppor tunities for transformation. This session will look at sectors in which technology of fers transformative potential – manufacturing and agriculture in par ticular – and the national eco-system required to drive this change.

Presenters: Prof Rohan Samarajiva - Founding Chair of LIRNEasia Mr Kamal Quadir - Chief Executive Officer, bkash Ltd Panelists: Prof Ajith De Alwis - Project Director, Co-ordinating Secretariat for Science,Technology and Innovation Mr Gehan Dias - General Manager, MillenniumIT Mr Samantha Ranatunga - Managing Director, CIC Holdings PLC Ms Linda Speldewinde - Founder, Academy of DesignModerator: Mr Dumindra Ratnayaka - Chairman, Martin & George (Pvt) Ltd

1700 hrs End of Sessions - Day 1 Refreshments / Networking

SRI LANKAECONOMIC SUMMIT 2017

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DAY 2 (Wednesday, 26th July 2017)0900 – 1030 hrs SESSION 4 Realizing New Competitiveness in Sri Lankan Manufacturing

Sri Lankan manufacturing industries are under pressure from multiple directions. Input costs are rising, amidst higher energy and labour costs. Impor t protection that has crept in over the years has helped some industries survive and grow, while hur ting others due to higher intermediate input costs. Yet, Sri Lankan expor t manufacturing is successfully competing in a growing number of niches, and for thcoming trade agreements do of fer new oppor tunities for industr y. Meanwhile, to become a more agile manufacturing location, logistics and e-commerce need to become new priorities.

Presenters: Mr Kushan Kodituwakku - Managing Director, Orel Corporation (Pvt) Ltd Mr Arun Miranda - Managing Director/CEO Sri Lanka and Chairman/MD India of Trinity Steel Pvt LtdPanelists: Dr Mahesha Ranasoma - Managing Director, Dipped Products PLC Mr Suresh Shah - Director / Chief Executive Officer, Lion Brewery (Ceylon) PLC Mr Sean Van Dort - Director - Logistics, MAS HoldingsModerator: Mr Deshal De Mel - Economic Advisor, Ministry of Finance

1030 – 1100 hrs Tea break

1100 – 1230 hrs SESSION 5 Realizing the Potential of Mega Development Projects

Several mega projects underway in Sri Lanka significant oppor tunities for domestic and international businesses – for instance, the Western Region Megapolis and the Hambantota Logistics and Industrial Zone. Sri Lankan businesses are keen to leverage on these, but some are concerned that they will be spectators and not be able to fully capitalize. How can the private sector best latch on to these emerging business oppor tunities? What lessons can we learn from how global players executed mega projects in their countries?

Presenters: Mr Hang Tian - Deputy General Manager, China Merchant Port Holdings Company Ltd Mr Sanjay Ganesh Ubale - CEO / Managing Director of Tata Realty and Infrastructure Ltd Dr Qu Jian - VP of China Development Institute (CDI), Expert Committee Member, Ministry of Commerce of China Hon Mahinda Samarasinghe - Minister of Ports and Shipping (tbc)Panelists: Ms Nadija Tambiah - Head of Legal, Secretarial and CSR, John Keells Holdings PLC Mr Lakshman Jayasekara - Project Director, Ministry of Megapolis and Western Province DevelopmentModerator: Mr Shamindra Kulamannage - Editor-in-Chief, Echelon Magazine

1230 – 1330 hrs Lunch

SRI LANKAECONOMIC SUMMIT 2017

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DAY 2 (Wednesday, 26th July 2017)1330 – 1500 hrs SESSION 6 Realizing a Greener Growth Path - Walking the Talk

As the world adopts the ‘Transforming Our World: 2030 Agenda for Sustainable Development’ along with the 17 Sustainable Development Goals (SDG), the Sri Lankan Presidential proclamation of a new ‘Sustainable Era’ and the impending Bill on Sustainable Development calls for a holistic and inclusive transformation. For a realistic transformation to be executed, businesses need to identif y how they can suppor t this agenda and benefit by greening the growth economic drivers, advancing social wellbeing and ensuring a low ecological footprint. This session will feature a conversation with a high profile thought leader discussing how businesses can best align and gain.

Presenters: Dr Rae Kwon Chung - Former Principal Advisor on Climate Change, Executive Office of the Secretary-General of the United Nations Mr Ralph van Doorn - Senior Country Economist for Sri Lanka and the Maldives, The World Bank Mr Sunil Sethi - Managing Director, Fonterra Brands LankaPanelists: Dr Prasanthi Gunawardana - Senior Lecturer, Department of Forestry and Environmental Science Mr Avanthi Jayathilaka - Director, Global Management Consultants Mr Vidura Ralapanawa - General Manager - Environmental Sustainability, MAS IntimatesModerator: Mr Uchita De Zoysa - Chairman of Global Sustainability Solutions (GLOSS)

1500 – 1630 hrs SESSION 7 Belt and Road Initiative – Transformative Opportunity for Sri Lanka?

China is becoming a formidable player in this region, whether it is by implementing ambitious trade linkages spanning to Europe or financing strategic infrastructure facilities along the historic silk route. This session will discuss One Belt One Road (OBOR), Maritime Silk Route (MSR), Asian Infrastructure Investment Bank (AIIB) and what they mean for the Sri Lankan economy. What are the oppor tunities for at tracting Chinese investment and par tnership oppor tunities for LK businesses, what pit falls to look out for, what political-economy concerns/implications?

Presenters: Dr Amitendu Palit - Snr Research Fellow; Research Lead (Trade & Economic Policy), National University of Singapore Dr Wen Zha - Associate Professor, China Foreign Affairs University (CFAU) Mr Nihal Rodrigo - Former Sri Lankan Ambassador to China and the UN

Panelists: Mr Jim McCabe - Chief Executive Officer, Standard Chartered Bank Mr Vish Govindasamy - Group Managing Director, Sunshine Holdings PLC

Moderator: Dr Ganeshan Wignaraja - Chair Global Economy Program, Lakshman Kadirgamar Institute

SRI LANKAECONOMIC SUMMIT 2017

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DAY 2 (Wednesday, 26th July 2017)1630 – 1730 hrs SESSION 8 Transformative Solutions to Current National Challenges Panelists: Hon Faiszer Musthapha - Minister of Local Government and Provincial Council Hon Ranjith Madduma Bandara - Minister of Public Administration and Management (tbc) Hon Eran Wickramaratne – State Minister of Finance Hon Dr Harsha De Silva - Deputy Minister Economic Development Hon Sunil Handunnetti - Member of Parliament Hon Vidura Wickremanayake - Member of Parliament

Moderator: Mr Shehan Baranage - News Director, Derana TV

1730 hrs Refreshments & Networking

Close of Summit

SRI LANKAECONOMIC SUMMIT 2017

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FOR DETAILS CONTACTalikie@chamber.lk / niroshini@chamber.lk T. +94 11 5588852 / 5588877

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Tel: + 94 11 5588852 / 5588877Fax: +94 11 2449352 / 2437477E-mail: events@chamber.lk, niroshini@chamber.lk

SRI LANKAECONOMIC SUMMIT 2017

Execute – Transform – Realize

Enhance your knowledge on government plans to develop the Sri Lankan economy and progress in implementation of plans

Improve your own business through knowledge enhancement in your relevant sector

Ascertain potential sectors and projects for investment in Sri Lanka

Opportunity to clarify your concerns with key government officials and industry leaders

Opportunity to meet and network

With over 178 years of service to the nationand business community, it is the premier forum

for business in Sri Lanka.

Working closely with 38 Trade, Product and Service Associations, 21 Bilateral Business Councils and

through its network of 22 regional and other chambers, the Ceylon Chamber

of Commerce serves as the gatewayto a world of business opportunity.

The Ceylon Chamber of Commerce

Commerce

The

ChamberCeylon

of

50 Navam Mawatha, Colombo 2, Sri LankaTel : + 94 11 5588852 / 5588877 Fax: +9411 2449352 / 2437477Email: events@chamber.lk, niroshini@chamber.lk

www.chamber.lk | www.srilankaeconomicsummit.lk/

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