Ceylon Chamber signs ground-breaking MOU with CCI

The Ceylon Chamber of Commerce entered into a Memorandum of Understanding with the Chamber of Construction Industry Sri Lanka (CCI) last week in a bid to energise private sector innovation in the construction sector.

The MOU aims to strengthen the cooperation between the Ceylon Chamber and CCI in promoting National Economic Development with special reference to Infrastructure Development and Construction related projects in Sri Lanka.

Both the Ceylon Chamber and the CCI strongly feels that the private sector can play an active role in Infrastructure Development by working closely with the Government through Public Private Partnerships (PPP). The private sector can facilitate speedier implementation of infrastructure projects using their expertise and resources. Both organizations plan to use the synergy of their partnership to improve infrastructure facilities which is crucial for attracting new investments and to have a wider spread of economic activity with increased efficiency in the Corporate Sector.