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The first-ever Colombo International Logistics Conference is scheduled to be held on 1 and 2 August 2019 at the Galadari Hotel, Colombo and will feature 20 international speakers to discuss modern logistics trends, South Asia’s logistics market and the emerging role of Sri Lanka as a global logistics centre, said the main organiser of the event, Shippers' Academy Colombo CEO and Export Development Board (EDB) Logistics Advisory Committee Chairman, Rohan Masakorala, said yesterday.

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Colombo International Maritime Conference Organising Committee Chairman Rohan Masakorala presenting a memento to Prime Minister Ranil Wickremesinghe with Finance Minister Ravi Karunanayake in the background  Pic by Kithsiri De Mel

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  • Opportunities in an emerging global logistics hub and a shipping centre
  • Understand South Asia’s logistics market beyond 2020
  • Understanding new technologies in logistics management

The logistics industry is reshaping and evolving its role to facilitate a new order of global trade, e-commerce and to reach out to the 21st century consumer with flexibility and speed, modernising the global supply chains. For this reason, strategic distribution hubs connected by air and sea and proximity to markets and transportation hubs makes a location suitable for international logistics to provide services at minimal costs.

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The Indian Government yesterday sought to reassure Sri Lanka that India’s burgeoning investment on developing its ports will pose no threat to the Port of Colombo, noting they have urged Indian companies to invest in the expansion of the Colombo Harbour.
By Madushka Balasuriya

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  • Hidden gem of a logistics centre and a megapolis in the Indian Ocean
  • A conference to understand South Asia’s logistics market beyond 2020
  • Lonely Planet’s No. 1 destination for travel 2019
  • CIMC Events 5th Major International Conference

Sri Lanka is known as a mega transshipment location in South Asia. In fact, it’s the fastest growing one among major ports of the world, with the rank of 11th best connected port in the world of shipping. Situated in the middle of the Indian Ocean, connecting multiple continents and reaching out to billions of people, many have not realised that the island nation sitting next to the major market of India is probably the best geographical position for logistics, distribution and storage of both bulk and containerised cargo.

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The recently announced Colombo International Finance Centre (FC), formerly known as the Colombo Port City, will have legislation and tax laws separate from that of the rest of Sri Lanka, the Government revealed yesterday, as it ramped up efforts to attract investment and capitalise on its strategic location in the region.
By Madushka Balasuriya