Canada will contribute $8.8 million over four years for the establishment of an Entrepreneur Financial Centre in Sri Lanka.
Canadian Foreign Minister Stéphane Diona said yesterday the project will be implemented by Développement International Desjardins, in partnership with Sanasa Development Bank.
“The Centre will help stimulate private sector development and support job creation by improving livelihoods for entrepreneurs of micro, small, and medium enterprises,” Dion said at a joint press briefing held at the Foreign Affairs Ministry yesterday. “Canada would like to explore our trading relationship, because this is for the mutual benefit of both of our people. Partnership opportunities are on the horizon in sectors such as aviation, infrastructure, power supply, clean technology and agri-foods.
“Canada will also be there if unexpected events happen in your country, like the flooding and resulting landslides in May this year. And we are ready to assist Sri Lanka in tackling climate change, not least because of its impact on the frequency and severity of natural disasters”, Dion said.