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 multinational 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, embarked on a 6 day visit to Sri Lanka from 15-22 July 2024.
The aim of the delegation’s visit to Sri Lanka was 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 promising business opportunities identified with Sri Lankan companies, emphasizing the significant potential for mutual growth and innovation.
The delegation met 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 focused on fostering partnerships in eco-tourism, ayurveda, agriculture, and construction materials.
