Interviews

Attracting Good FDI Starts with Designing Good Incentives Regimes

Sri Lanka is on a renewed push to attract foreign direct investment (FDI) following a poor performance in the last decade, post-war. Fiscal incentives regimes have changed from time to time, laws and regulations have been introduced, investment promotions missions have been held in major capitals. Yet, attracting FDI remains a struggle, amidst heightened competition from regional competitor locations. In this interview, former Deloitte consultant Danindu Udalamaththa outlines some key areas for Sri Lanka to focus on and learn from. He draws from his experience advising global clients on the investor side, and argues that to attract good investment, Sri Lanka needs to design good incentives frameworks.

Solving SME Development Challenges:
Looking Beyond Easy Loan Schemes

Like many countries in the region, SME development remains prominently on the policy agenda of successive Sri Lankan governments, development projects, and private sector support programmes over the years. Yet, a thriving, dynamic, and internationally-competitive SME sector remains elusive. Various schemes to address SMEs’ access to finance issues is a popular, and often dominant, part of most SME development initiatives. In this interview with finance and investment specialist Sharini Kulasinghe we explore some new perspectives on solving SME development challenges, going beyond the common wisdom.

SMARTER SUSTAINABILITY:
Shift to Organic Agriculture Must be Staged and Strategic – Agri Expert

Sri Lanka's President announced a policy directive of moving to 100% organic farming this year, and an immediate ban on importing any chemical fertilisers and agro-chemicals. Since the announcement, there has been a fervent debate on the decision, ranging from fears around food security and impacts on exports, to a celebration of the potential to create a unique value for the country. In our first video interview in the 'Smarter Sustainability' series agriculture economist Chatura Rodrigo discusses how to manage the transition better, implications for farmers, and gaps in the policymaking process.

ECONOMICS x ENVIRONMENT:
Are Marine Conservation and Sri Lanka’s Maritime Hub Ambitions Compatible?

In this interview in the 'Economics x Environment' series of Smart Future Forum (SFF), Nishan Perera - Sri Lanka's leading marine ecologist, an avid diver and underwater photographer - shares some vital insights  on. Nishan is a marine ecologist with an interest in coral reef ecology and Marine Protected Area management. He is a co-founder of Blue Resources Trust, a Sri Lankan marine research organization, where he currently heads the coral reef programme.  His recent work has included research on impacts of climate change on coral reefs, small scale fisheries management and supporting Marine Protected Area management in Sri Lanka. He has previously worked with IUCN, Project Seahorse and the Sustainable Fisheries Partnership.

SMARTER SUSTAINABILITY:
Sri Lanka Must Use GSP+ for
Smarter Positioning on Sustainability

When Sri Lanka regained the GSP+ trade concessions to the EU, exporters from a range of sectors got a renewed opportunity to compete in this lucrative market. Yet, prospects for future growth will rely on Sri Lanka boosting its sustainability and governance credentials, to position exports more strongly, for the longer term. In this interview in the Smarter Sustainability series, Anisha Rajapakse explores key issues for Sri Lanka in strengthening its positioning as a trusted and preferred sourcing location for EU buyers, using GSP+ and beyond.

GLOBAL VOICES:
Interview with Leonora Milan,
Mexico’s Leading Young Science Communicator

Leonora Milan, a leading science communicator in Mexico and featured prominently in Mexican media, shares her thoughts on the shape of the public debates on science, climate change, environmental issues, and policy in Mexico. She observes that in Mexico people have a newfound interest in scientific topics than a few years ago, but there are still gaps in bridging the science-policy divide. Some 'bright spots' have emerged, however, in training young people in climate change negotiations and breeding new technical advisory on environmental  policy issues. This interview is part of the 'Global Voices' series, which brings to Sri Lanka the views of young professionals from around the world.