Sri Lanka
The original report was distributed in Foreign Policy on Tuesday, March 6, 2012
 Mahinda Rajapaksa, President of Sri Lanka The country's future lies in its role as a major hub for the whole of South Asia
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NSB is a key agent in raising domestic savings to 25% of GDP
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Secretary of the Treasury Dr. P.B. Jayasundera is proud of his country's 2012 budget, which indicates strong growth.
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 Eastman Narangoda, Chairman of Seylan Bank A few years ago, Seylan Bank was close to collapse. Mr. Eastman Narangoda, Chairman of Seylan Bank, discusses the bank’s extraordinary recovery
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Expo 2012 will showcase Sri Lankan products to global investors
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With a 135-year history, Browns Group is a domestic leader in several key industries.
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 Colombo Dockyard PLC Colombo Dockyard PLC
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Sri Lanka Ports Authority is leading the charge to develop the island's ports and related facilities
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 Airports and Aviation Services Limited (Sri Lanka) Plans to expand Sri Lanka's airports will boost business, infrastructure and tourism
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Strong corporate governance and unique technical expertise have made Sri Lanka Insurance Corporation a trusted partner in Sri Lankan's lives
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 Sri Lanka $4,000 per capita income target for 2016
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By an act of parliament, NSB is the only financial institution operating in Sri Lanka that can give a 100% guarantee and protection to savings and interest. Its Chairman, Mr Pradeep Kariyawasam, discusses his bank’s central role in the country’s development
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People's Bank and Seylan Bank lead in the financial sector
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People´s Bank has over 700 branches and more than 13 million customers – more than 50% of the total population. Mr Vasantha Kumar, CEO of People’s Bank, reveals the secrets of its success
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 Janaka Ratnayake, Chairman and Chief Executive of the Export Development Board Mr. Janaka Ratnayake, Chairman and Chief Executive of the Export Development Board, believes his country’s exports will exceed expectations – in terms of both quantity and quality
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With a 135 year history, interests in agriculture, fisheries, construction, plantations, leisure or power generation, and associations with many global brands, Browns Group is very much part of Sri Lanka’s economic revival. Here, Mr Murali Prakash, CEO of Browns Group, discusses his company’s role
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 Mr. Mangala Yapa, Managing Director/CEO of Colombo Dockyards Mr. Mangala Yapa, CEO of Colombo Dockyards, believes developing Sri Lanka’s maritime reputation can contribute to the country’s development
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Dr. Priyath B. Wickrama, Chairman of Sri Lanka Ports Authority (SLPA), discusses his organisation’s role in making Sri Lanka a maritime hub for the South Asia region
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Mr. Prasanna J. Wickramasuriya, Chairman of Airports and Aviation Services, discusses plans for Sri Lanka to take advantage of its strategic location, and become an air transport and logistics hub for the entire South Asia region
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Established fifty years ago, Sri Lanka Insurance Corporation is one of the biggest players in its sector. Here, its Managing Director Mr. Mohan de Alwis, discusses growth prospects for both his company, and his country
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LOCATION:
Southern Asia, island in the Indian Ocean, south of India
CAPITAL:
Colombo
AREA - comparative:
slightly larger than West Virginia
CLIMATE:
tropical monsoon; northeast monsoon (December to March); southwest monsoon (June to October)
GDP - composition by sector:
agriculture: 12.8%
industry: 29.4%
services: 57.8% (2010 est.)
AGRICULTURE - products:
rice, sugarcane, grains, pulses, oilseed, spices, vegetables, fruit, tea, rubber, coconuts; milk, eggs, hides, beef; fish
INDUSTRIES:
processing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; tourism, shipping; clothing, textiles; cement, petroleum refining, information technology services, construction
EXPORTS:
$8.307 billion (2010 est.)
country comparison to the world: 97
$7.085 billion (2009 est.)
EXPORTS - commodities:
textiles and apparel, tea and spices; rubber manufactures; precious stones; coconut products, fish
EXPORTS - partners:
US 19.6%, UK 10.4%, Italy 5.1%, India 4.9%, Germany 4.9%, Belgium 4.1% (2010)
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