FCCISL show-case the ‘SME 2012, Machinery, Technology & Services exhibition’ for the 7th successive year

Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) showcased the ‘SME 2012, Machinery, Technology & Services exhibition’ for the 7th successive year on 24,25 and 26 August from 9.00 a.m to 8.00 at the Sirimavo Bandaranaike Memorial Exhibition Centre, BMICH.

Hon Minister, Rishard Bathiudeen, Ministry of Industry and Commerce has inaugurated the 1st day of the event. Guest who participated at the inaugural session are from ministry, Guest of Honor, Mr. Anura Siriwardane, The Secretary, Mr.Hasitha Senewiratne, Additional Secretary, Mr.Ape Dayaratne, Director, from FCCISL, Mr.Kumar Mallimaratchi, President, Ajith Waththuhewa, Senior Vice President, Mr. Nalin Attygalle and Mr. R K Sethi, Chief Manager, The National Small Industries Corporation LTD, India.

Hon. Douglas Devananda, Minster of Traditional Industries and Small Enterprise Development has inaugurated the second day of the exhibition. Guest of Honor, Mr. V. Sivagnasothy, Secretary, Ministry of Traditional Industries and Small Enterprise Development and Mr. S W B Wijekoon, Head of Operation, SMED, FCCISL were others who participated at the inaugural session.

SMEs play a very important role in today’s globalised economies. In Sri Lanka the SME sector contribute substantially for generating new employment opportunities and improving income in the rural economy. The SME sector also provides immense opportunities for poverty alleviation, particularly in the low income families at the rural level. All countries that are under the umbrella of ‘Developed world’ have recognized the importance of Small and Medium scale enterprises-SME’s in the past. National economies are strengthened largely by these small & medium scale enterprises in those countries.

The primary goal of the exhibition is ‘Widening the scope of the Business’ while ‘Introducing unique & innovative machinery’ and ‘Introduce new technologies’. It is observed that necessary business development services will also be facilitated with the right ambiance to link with the appropriate people at the exhibition.

The exhibition has grown in profile, scope and attendance over the passage of time. Today it is a “must-attend” occasion for SMEs who wish to source new machineries and technology available, build business connections and keep up to date with the government policies and market information.   It is also an opportunity for service providers such as banks, insurances, business development service providers, venture capital counterparts to showcase their business solutions tailored to SMEs. Visitors could find many of excellence in innovation, design and branding at the exhibition.

It is noted two line ministries are actively involved with the exhibition. The Ministry of industry and Commerce is jointing hand for the 7th consecutive year as the main Partner. The Ministry of Traditional Industries and Small Enterprise Development is also partnering with the event. Sri Lanka Rupavahini Corporation, Associated Newspapers of Ceylon Ltd and Randesa magazine are media partners of the exhibition.

A SME Forum is arranged on first two days of the exhibition. While showcasing fast changing technological innovations and services in the global village through the exhibition, the SME Forum will provide a platform for a productive and interesting dialogue between SME’s, policy makers and other stakeholders. It is the annual SME policy dialogue session organized by the Small and Medium Enterprise Developers (SMED) of FCCISL.

As the apex body, representing 56 chambers and associations from all four corners of the country, Federation of Chambers of Commerce and Industry of Sri Lanka plays a lead and pivotal role in promoting business and enterprises in Sri Lanka with a strong emphasis in uplifting SME sector of the country.