Home Business & Finance Sri Lanka and Pakistan Unite for Innovation: Lake Grand Project Takes Center Stage

Sri Lanka and Pakistan Unite for Innovation: Lake Grand Project Takes Center Stage

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By Rafiq Vayani

COLOMBO/KARACHI: The Sri Lanka Consulate General in Karachi, in collaboration with the Sri Lanka Convention Bureau, proudly announces a strategic partnership between Sri Lankan enterprises and the OBOR Group for the Lake Grand Project in Karachi.

This alliance marks a significant milestone in strengthening economic relations between Sri Lanka and Pakistan, fostering a promising future of cooperation.

The   OBOR Group  is parented  by the leading Pakistani business  house with  a history of over 100 years and diverse interests  in  many prominent sectors  including:

Chemicals and Pharmaceuticals, Leisure, and Tourism.

Innovative Building Materials,  Real Estate and Construction, IT & Telecommunications.

The group  has  now commenced a major thrust  in  the hi-tech agriculture  and  environment upgrade  arena.

The Lake Grand Project, with an estimated budget of US$ 300 million, represents the Group’s latest  multi national venture in the leisure sector. The Pakistan government has already announced the highest priority  for Agriculture  and  Green tourism.

A high level,  distinguished delegation of seven, led by Chairman Shahid Firoz and accompanied by Consul General Jagath Abeywarna, will embark today on a 6 day  mission to Sri Lanka. The aim is to explore collaborative opportunities not only for the Lake Grand Green   Eco-tourism project  but also construction materials, and technology sectors.

Chairman Shahid Firoz expressed enthusiasm for the upcoming collaborations, highlighting the potential for mutual growth and innovation.

The delegation is scheduled to meet senior  most officials  of  over 40 Sri Lankan companies  as arranged by the Sri Lanka Consulate General, Sri Lanka Convention Bureau, and Sri Lanka Export Development Board. These meetings will focus on fostering partnerships in eco-tourism, ayurveda, agriculture, and construction materials.

Attached are a video and two photos taken upon arrival at the Colombo Bandaranaike International Airport today, 15 July 2024.

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