AHK. FIND MORE. PG: 3 Global CEO of Allianz S.E. visited Sri Lanka PG: 5 Sri Lankan Tourism Industry PG: 8 Port of Colombo

Volume 02 AHKSL/2018/02 August 2018 AHK Sri Lanka NEWSLETTER FIND MORE. PG: 3 Global CEO of Allianz S.E. visited Sri Lanka PG: 5 Sri Lankan Tourism Industry PG: 8 Port of Colombo YOUR TRUSTED PARTNER IN SRI LANKAN GERMAN BUSINESS RELATIONS

TABLE OF CONTENT Dear readers, AHK SRI LANKA NEWS OFFICIAL HAND OVER OF THE FREUDENBERG BOOK 2-4 2 Sri Lanka is currently in a process of transformation due to its position as a logistic hub. The government of Sri Lanka is planning to develop the Colombo Port's East Container Terminal (ECT) to be the largest and deepest container terminal in South Asia without any foreign funding. Already Colombo is largest port in South Asia, 5 th busiest port in Asia and 13 th regarding connectivity worldwide. New opportunities are currently open up in Logistic and Maritime, Infrastructure, IT/BPM and Tourism sectors for foreign investors. AHK Sri Lanka recently launched the Business confidence survey to gather information about the business climate in Sri Lanka. The results will be presented during the 5 th edition of The German Brands event at the Kingsbury on 17 th of September in Colombo. The Top German Brands Initiative will be this year s flagship event to position German brands as strategic partners of the Sri Lankan Economy and is an ideal opportunity for German brands representatives in Sri Lanka to increase their visibility. We would be very delighted to welcome you as a partner of the initiative. SIGNING OF THE AHK SRI LANKA DIMO PREMIER PLATINUM PARTNERSHIP MEETING WITH THE CHAMBER OF COMMERCE & INDUSTRY OF CENTRAL PROVINCE GLOBAL CEO OF ALLIANZ S.E. VISITED SRI LANKA 3 ALLIANZ LANKA BECAME A PREMIER PLATINUM PARTNER OF AHK SRI LANKA 5 TH EDITION OF THE TOP GERMAN BRANDS IN SRI LANKA 4 BUSINESS NEWS SRI LANKAN TOURISM INDUSTRY A MUTUALLY BENEFICIAL BUSINESS OPPORTUNITY BETWEEN GERMANY AND SRI LANKA SRI LANKA NATIONAL INFLATION 7 ECONOMIC PERFORMANCE IN THE FIRST QUARTER 7 PORT OF COLOMBO 8 NATIONAL EXPORT STRATEGY 2018 10 TRADE FAIRS IN GERMANY 11-14 AHK SRI LANKA UPCOMING EVENTS 15 2 3 3 5-8 5 6 Yours sincerely, Andreas Hergenröther Chief Delegate Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) Our Premier Platinum Partners

AHK SRI LANKA NEWS Hon State Minister Senanayake officially hands over Freudenberg book to the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) in presence of German Ambassador and Chief Delegate of the Delegation of German Industry and Commerce in Sri Lanka On 26th of July, the Hon State Minister Wasantha Senanayake officially handed over the Freudenberg book, a historical document dated back to the 19th century to the Delegation of German Industry and Commerce in Sri Lanka in the presence of H.E. the German Ambassador Jörn Rohde. The handing over took place in the office of the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka), to the Chief Delegate, Mr. Andreas Hergenröther and was witnessed by Mr. Devinda Senanayake and Ms. Martina Conrads, Second Secretary of the Embassy of the Federal Republic of Germany. The book expresses the long-lasting German-Sri Lankan business relations with the example of Mr. Philip Freudenberg who in 1873 founded the Freudenberg and Company and in 1876 became appointed Consul of the German Empire in Ceylon to represent German interests in Colombo. In 1953 the Freudenberg & Co. (Ceylon) Ltd. was founded by Mr. Robert P. Senanayake. Mr. Robert P. Senanayake was the second son of the Rt. Hon. D. S. Senanayake the first Prime Minister of Sri Lanka and the younger brother of the late Hon. Mr. Dudley Shelton Senanayake, four times Prime Minister of Sri Lanka. In possession of the Freudenberg book, the Senanayakes decided to present it to H.E. the German Ambassador Jörn Rohde. After the official inauguration of the Delegation of German Industry and Commerce in Sri Lanka on March 27th 2018, it was agreed to transfer it to the Delegation s office as a symbol of continuous and fruitful business relations between the two countries. Mr. Wasantha Senanayake is since 2017 State Minister of Foreign Affairs. Mr. Jörn Rohde since 2016 represents Germany as Ambassador to Sri Lanka. Signing of the AHK Sri Lanka DIMO Premier Platinum Partnership Mr. Hergenröther and Mr. Ranjith Pandithage, Chairman and Managing Director of DIMO (Diesel & Motor Engineering PLC) signed the first Premier Platinum Partnership between the AHK Sri Lanka and DIMO. This partnership agreement provides DIMO with exclusive benefits throughout the whole year such as taking advantage of the AHK worldwide network of first-rate business contacts. Further, maximum exposure within the German-Sri Lankan business community is guaranteed. Page 2

AHK SRI LANKA NEWS Meeting with the Chamber of Commerce & Industry of Central Province Global CEO of Allianz S.E. visited Sri Lanka AHK Sri Lanka and the Chamber of Commerce and Industry of Central Province (CCICP) had the first meeting on 16 th August 2018 at the CCICP premises to discuss possible future collaborations. The meeting was joined by Mr. Ashoka Abeywickrama, CEO of CCICP, Mr. Hergenröther, (Chief Delegate) and Mr. Gajanayake, (Head of Corporate affairs and Export promotions) from AHK Sri Lanka. Extensive discussions were mainly held on export promotion strategies and an action plan which is essential at the moment. CCICP was established in the year 1992 and affiliated to two National level Chambers, Federation of Chambers of Commerce & Industry, Sri Lanka (FCCISL) and Ceylon Chamber of Commerce (CCC).The main services of the Kandy Chamber are the Counseling, Consultancies, Feasibility Studies, Circulating business information among their members, Lobbying Works and Organizing workshops Seminars Trainings. Presently CCICP has 684 members. Allianz Insurance Lanka Ltd in collaboration with the Embassy of Germany and AHK Sri Lanka had the pleasure to receive Mr. Oliver Bäte, CEO of Allianz on 25 th July 2018 in Colombo. High ranking private sector decision makers were invited for the luncheon meeting and they had a productive discussion on the current economic perspectives in Sri Lanka followed by a networking session. Allianz Lanka is a fully owned subsidiary of Allianz SE of Germany. They started Sri Lankan operations as a Greenfield operation in 2005. As one of the largest Insurance brands in the world, Allianz Lanka has made a new direction in the Sri Lankan insurance industry, with its topline growing by more than 38 times during the past 10 years. Also, Allianz Life Insurance Lanka Ltd has grown by more than 200 times in just seven years of operations, to become a leading Life insurance company in Sri Lanka. Currently, the company has a network of 58 branches in all provinces of Sri Lanka. As one of the milestones, in early 2018 Allianz Lanka came to an agreement with Janashakthi Insurance PLC and acquired 100% of its subsidiary Janashakthi General Insurance Limited for 16.4 billion Sri Lankan rupees (85.9 million Euros). The Allianz Group is one of the world's leading insurers and asset managers with more than 86 million retail and corporate customers. Around the world, over 140,000 Allianz employees serve their services to retail and corporate customers in 70 countries. Allianz Lanka became a Premier Platinum Partner of AHK Sri Lanka Allianz Lanka, subsidiary of Allianz, the largest insurance company in Germany, partnered with the Delegation of German Industry and Commerce in Sri Lanka to enhance the mutual benefits between both parties. Being a premier platinum partner, Allianz Lanka will benefit from exclusive privileges for one year and will gain a high visibility locally as well as internationally through the AKS s various activities Page 3

AHK SRI LANKA NEWS Top German Brands in Sri Lanka 2018 AHK Sri Lanka Business Confidence Survey Top German Brands in Sri Lanka is an initiative which was introduced by the Embassy of Germany in Sri Lanka with the purpose of increasing the visibility of German brands in Sri Lanka. After the inauguration of the Delegation of German Industry and Commerce in Sri Lanka, the 5 th edition of Top German Brands in Sri Lanka 2018 was entrusted to AHK Sri Lanka as the official representative of German Business in Sri Lanka. During the past years the initiative has found a growing interest amongst not only private sector but also high-ranking public decision makers, chambers and business associations as well as the media. The registered companies will have exclusive benefits to promote their bands in various occasions. The 5 th edition of Top German Brands in Sri Lanka 2018 will be hosted by AHK Sri Lanka in collaboration with the Embassy of Germany on 17 th of September 2018 at Kingsbury Hotel, Colombo. The AHK Sri Lanka Business confidence survey has been implemented to gather and evaluate information about the business environment for German companies in Sri Lanka. Eventually, it will provide key insights into the current business environment of Sri Lanka. The understanding of which sectors are represented and how the German companies feel about doing business in Sri Lanka are key economic indicators for the Sri Lanka business outlook. The result of the AHK Sri Lanka Business Confidence Survey will be presented at the Top German Brands in Sri Lanka event on 17 th September 2018 at Kingsbury Hotel, Colombo. If you would like to take part in the survey, please click here Contact us for more information: dilshan@srilanka.ahk.de Page 4

Million BUSINESS NEWS Sri Lankan Tourism Industry Sri Lanka is known as one of the most appealing tourist destinations in the world. Due to its strategic location, the island attracted many merchants and explorers for many decades. Today, Sri Lanka offers a spectrum of attraction for leisure and business travelers. Furthermore, it offers a mix of tourist attractions including beaches, wild life parks, rain forests, tea plantations, ancient ruins, Buddhist cultural sites, and festivals. According to the statistics, the tourism industry is the third largest export earner in the economy, after remittances and textiles/garments. The total contribution of Travel & Tourism to GDP was USD 9,871.2million, which resumable 11.6% of GDP in 2017. In the last five years, the Sri Lankan Tourism industry achieved an unprecedented growth of tourist arrivals, averaging more than 22% year on year. Sri Lanka is ranked 64th out of 141 countries in the Travel & Tourism Competitiveness Report 2017 of the World Economic Forum. Also, GlobalData s Tourism Potential Index has ranked Sri Lanka as the fourth fastest growing tourism market in the world. Sri Lanka has obtained a score of 52.8 points while achieving a compound annual growth rate (CAGR) of 8.7 %. The total number of international tourist arrivals to Sri Lanka during Jan-Jul 2018 was 1,382,476. In comparison to Jan - Jul last year, when the arrivals were 1,215,926, growth indicated 13.7%. India, China, United Kingdom, Germany and France were Sri Lanka s top five international tourist generating markets in 2017. 2.5 2 1.5 1 0.5 0 1.274 Tourist arrivals 1.527 1.798 2.05 2.116 2013 2014 2015 2016 2017 Source: Sri Lanka Tourism Development Authority (SLTDA) India was the largest source of tourist traffic to Sri Lanka with 384,628 arrivals. China recorded 268,952 arrivals while UK, Germany and France accounted for 188,159, 133,275 and 97,282 respectively. According to the industry experts and researchers, although the tourism industry is expected a continuous growth, poor planning and management of the industry and limited diversity of markets/products are contributing to a lack of value-adding opportunities. This causes the per capita visitor expenditure to be reduced. Moreover, the experts explained that as visitor numbers increase year by year, there is a mounting pressure to manage environmental impacts in areas of high tourist use as well as for land use in high tourism potential areas, to access appropriately skilled human resources, and to maintain tourist service and product quality standards. Hence, the Sri Lankan Tourism sector strives to reframe the industry with new strategies which will ensure a continuous growth. For instance, the Ministry of Tourism Development and Christian Religious Affair launched the 2017-2020 Strategic plan that is Most visitors arriving to Sri Lanka on a short-term basis in 2017 were from the following countries India 12% 18% 9% United Kingdom France 25% China 36% Germany Source: Sri Lanka Tourism Development Authority (SLTDA) currently being implemented, to enhance the value positioning and the development of the industry. As a result, Sri Lanka s new country branding for tourism, focusing on diversity of attractions, will be unveiled at the World Travel Mart (WTM) in London in November 2018. Also, KNOWSL which is one of the newest digital platforms dedicated to promote the Sri Lankan travel and hospitality industry, was recently launched to attract inbound tourists and local travelers. With all these initiatives, Sri Lanka is expected to increase the GDP contribution of Tourism industry and enhance the living standards of Sri Lankan people. Page 5

BUSINESS NEWS A Mutually Beneficial Business Opportunity Between Germany and Sri Lanka The Sri Lanka-Germany Forum (SLG) is an organization that was created to facilitate the entry of German investors in order to uplift the organic and natural products market in Sri Lanka, while also enabling Sri Lankan manufacturers to export the high-quality products made locally to a discerning German clientele. In 2017 Agriculture contributed only 7.1% of the GDP of Sri Lanka. There is urgent need to lift the out growers, small and medium entrepreneurs at grassroot level to process and pitch for the export markets. Germany accounts of USD 506 Million imports from Sri Lanka in 2017 when the EU has a 30% of the total exports. Form the total exports Coconuts 5%, Food and Beverages 4% in the same year. Clearly this poor performance is undermined by many factors which are been addressed by SLG. The students of the Wayamba University food faculty play a major role in the R&D of exportable new products. SLG has signed an MOU with the UOW for such research to suit current trends in Germany. The SLG s members offer a diverse portfolio of products, including superfood products such as Jackfruit, Moringa and Bees Honey, all organically made. Organic vegetables, coconut and coconut products, natural tea additives (such as hibiscus and dried fruit) are also included in this range. Handloom and traditional rice varieties are also a special highlight. Another traditional industry supported by SLG is the clay pottery industry, which has its own unique Sri Lankan flavor. It was also created to enable the technical training and knowledge spillover from Germany to Sri Lanka, focusing on creating robust Small and Medium Enterprises (SMEs) and entrepreneurs. SLG was founded by Architect Professor Peter Ruge, Mrs. Andrea Hahn of Text & Press and Suneth Wijesinghe who has been associated with Germany since 1986 and is ably supported by one of the most prestigious banks in Sri Lanka, Hatton National Bank (HNB). The SLG also receives the direct patronage of the State Minister of Finance and Mass Media of Sri Lanka, Minister Eran Wickramaratne who was involved since 2016 when the forum was created. The SLG currently has a membership of 20 Sri Lankan organic, natural and sustainable goods SMEs, who are connected to over 8,000 farmer communities. They are quite well-known in the local market, but are struggling. As has been witnessed all over the world, growers and manufacturers who attempt to practice organic cultivation and sustainable production methods suffer from the lack of a good customer base in the developing world. They are outcompeted by other producers who use chemical means of enhancing their products. This chemically enhanced product may be of law quality and harmful to health, but it has a lion s share of the markets due to cost cutting and cheaper production. To support this worthy cause SLG forum is proposing a project in Kurunegala to have a dedicated Agriculture processing zone namely AGRIZONE which will be a farmer community-based project. We are inviting German SMEs, Individual to invest in this project. The high-quality products manufactured by SLG s members support impoverished communities all over Sri Lanka, and they are in desperate need of a market that will appreciate the quality and environmental consciousness embedded in their products. If they do not find the right consumer for these products, they may have to give up their livelihoods altogether, as they are pushed out of the local market by inferior quality produce and products. This will be a lost opportunity for foreign investors, as Sri Lanka can act as a steady supplier of high quality organic produce that can only Launch of SLG-HNB partnership held on 23rd July 2018. HNB Head of SME Jude Fernando SLG Co Founder Suneth Wijesinghe and Lucy Schulze Manager Public Projects & Vocational Training Delegation of German Industry and Commerce in Sri Lanka grow in the tropics. It will also leave many farmer communities in a dangerously destitute situation. The SLG invites German investors, procurement departments and technical experts (in organic agriculture and sustainable business) to connect with the Sri Lankan market through SLG, and tap into an opportunity with immense potential and mutual benefits. SLG has also partnered with the Wayamba University and its entrepreneurial undergraduates and researchers, who have also established the Wayamba Innovation Centre on further research into sustainable production methods that will benefit the farmers and manufacturers. A Hospitality training school will be established with a German nationality certified trainer. This will be partnership with UOW and SLG. Peter Ruge Development UG and Malco Engineering Pvt Limited offer investment opportunities for German Nationals in housing projects, Hotels and Resorts, Ayurveda. This opportunity is also for the My Second Home Sri Lanka to purchase a house or apartment and live in Sri Lanka. They have also promoted Sri Lankans to partner with investors in Germany to establish Sri Lankan restaurants, Ayurveda centers and Organic food shops and travel related partnerships. Page 6

BUSINESS NEWS Sri Lanka s National Inflation Accelerates to 3.4% in July As per the July economic indicators issued by the Department of Census and Statistics (DCS), Sri Lanka s national inflation rate increased to a six-month high of 3.4% in July 2018 from a year ago, after having been below the 3.0 percent level over the previous four months. Inflation in July was driven mainly by increases in prices of the nonfood category of the index, mainly transport. Source: Department of Census and Statistics The contribution of food commodities to inflation was 1.09% in July 2018 while the contribution of non-food items was 2.31%. Economic performance of Sri Lanka in the First Quarter of 2018 According to the Central Bank of Sri Lanka, GDP growth rate reached to 3.2% year-on-year in the first quarter of 2018, easing from an upwardly revised 3.5% in the preceding period, as the output slowed considerably for industrial activities (1% compared to 4.1% in Q4) and agriculture (4.8% compared to 7.1%). On the other hand, services sector output advanced 4.4%, compared to 3.2% in the last quarter of 2017. GDP Annual Growth Rate in Sri Lanka averaged 5.84% from 2003 until 2018. Source: Central Bank of Sri Lanka Page 7

BUSINESS NEWS Will make Colombo ECT the largest in South Asia -Minister Mahinda Samarasinghe- The government of Sri Lanka will develop the Colombo Port's East Container Terminal (ECT) to be the largest and deepest container terminal in South Asia without any foreign funding, Ports and Shipping Minister Mahinda Samarasinghe said on 24 th August 2018. He further announced that he would submit the proposal and blueprint of the development plan to the Cabinet shortly. The Hambantota Port is being operated and managed by two Sri Lankan and Chinese companies -- Hambantota International Port Group (HIPG) owned by the CM Port of China and the Hambantota International Port Services (HIPS) owned by the SLPA on a 90-year lease agreement. The majority shares are held by the Chinese company. The biggest container terminal at the Colombo Port, the South Asia Gateway Terminal (SAGT), is also operated and managed by a conglomerate that includes Maersk Group and John Keells on a 30-year lease agreement signed during the Chandrika Kumaratunga government. Funding for the development of ECT will be provided by the SLPA and the Treasury, he said. When asked about the cost of the development project, the minister said it would be known only after the tender were offered to produce machinery and a minimum of 15 months was needed to produce and deliver the machinery. Photo: Sri Lanka Ports Authority It will take a minimum of 15 months to manufacture, deliver and fix the machinery. But one cannot wait for that long to begin the development and expansion programme. This his hope to obtain machinery on lease after calling tenders only for the interim period. The minister explained that the three terminals at the Port of Colombo, the Jeya Container Terminal, SAGT and ECT cannot take massive ships and tankers because they are fully-occupied round the clock. Besides, the depth of three terminals does not permit access to big vessels. Once the ECT s development project is concluded, the ECT will provide berthing facilities to some of the biggest ships and tankers in the world. The development project of the ECT will be launched in three months, he said. Ship Arrivals Source: Sandun A. Jayasekera, Daily Mirror, 2018-08-24 About the Port of Colombo The Port of Colombo is the largest and busiest port in Sri Lanka. Also, it is concerned as a rapidly growing maritime hub in the South Asia. Europe, East and South Asia, the Persian Gulf, and East Africa are conveniently and efficiently connected through the Port of Colombo because of its strategic location. The Port operates five terminals and develops the East Container Terminal for another expansion. Colombo Port celebrated 6millionth Twenty-foot Equivalent Unit (TEU) handling on 22nd December 2017 and Port of Colombo is ranked at 25 th among the busiest container traffic handling ports in the world (2016). Further, it recorded a 137% growth rate of container traffic from 2012 to 2016. Container Throughput (TEUs) Further he mentioned that after obtaining Cabinet approval, he will call worldwide tenders for machinery to be set up at the ECT. Source: Ministry of Port and Shipping Source: Ministry of Port and Shipping Page 8

SRI LANKA AN EXPORT HUB DRIVEN BY INNOVATION AND INVESTMENT The National Export Strategy (NES), a flagship development project, spearheaded by the Ministry of Development Strategies & International Trade and the Sri Lanka Export Development Board (EDB) together with the public private partnership, has started implementation in high waves after obtaining the Cabinet approval and the launch with all the stakeholders of NES. Sri Lanka now has the opportunity to catch up with fast-growing Asian exporting countries. The NES is a comprehensive and carefully structured five- year strategy aimed at increasing exports and generating enhanced revenue for Sri Lanka s SMEs and exporters. The implementation of this endeavor will witness the increasing of Sri Lanka s export revenue to USD 28 Billion by 2022. The National Export Strategy is well aligned with, complements and operationalizes other national initiatives such as Enterprise Sri Lanka and Vision 2025. The NES priority sectors have been selected to ensure a balanced export expansion from visionary, emerging and mature sectors which provide a good mix of industries with different growth trends, yet ensures the NES remains focused to achieve the key objective of export diversification during its 05-year implementation period. Using quantitative and qualitative information, the national stakeholders have selected the following industries: IT-BPM, Spices & Concentrates, Wellness Tourism, Processed Food & Beverages, Boat Building, and Electrical & Electronic machinery. The NES will improve the business environment for all Sri Lankan enterprises. While the NES provides the conditions to enable diversification by strengthening emerging sectors, all export industries of Sri Lanka will benefit from the increased performance of key Trade Support Functions. These include Logistics, National Quality Infrastructure, Innovation and Entrepreneurship, and Trade Information & Promotion. The NES aims to empower the emergence of new champions while supporting growth of traditional export industries. Major systemic issues hindering the rapid expansion of Sri Lanka s exports will be corrected to favour growth of higher-technology and knowledgeintensive exports, which are less vulnerable to cost shifts. The Advisory Committees, established by the EDB have already commenced the implementation while the NES Management Unit which was established under the Ministry of Development Strategies and International Trade leads the coordination, follow up and monitoring of the NES. The National Export Strategy is reinvigorating the trading environment and maximizing its potential to usher in a period of sustained growth, aimed at increasing livelihoods for millions of Sri Lankans. The NES is navigating Sri Lanka to its rightful place in the Indian Ocean, as a sophisticated, innovative & dynamic trade hub serving Asia and beyond. Page 10

v TRADE FAIRS IN GERMANY 2018/2019 EXPO REAL 2018 Real Estate Trade Fair in Munich 8-10 October 2018 in Munich https://www.exporeal.net/inde x.html EXPO REAL is Europe's largest real estate and investment trade fair. It represents the whole supply chain of the international real estate sector all the important sectors are there, from conception and design through investment and financing, realization and marketing to operation and use. MEDICA 2018 Leading international trade fair for the medical sector 12-15 November 2018 in Düsseldorf Electronica 2018 "International trade fair for the electronics Industry." 13-16 November 2018 in Munich https://electronica.de/index.ht ml DOMOTEX 2019 The World of Flooring 11-14 January 2019 in Hannover http://www.domotex.de/home imm cologne 2019 The international interiors show 14-20 January 2019 in Cologne https://www.medicatradefair.com/ http://www.immcologne.com/imm/index-2.php MEDICA is the world s largest event for the medical sector. For more than 40 years it has been firmly established on every expert s calendar. The event is the largest medical trade fair in the world it attracted more than 5,100 exhibitors from 70 countries in 17 halls. Furthermore, each year, leading individuals from the fields of business, research, and politics grace this top-class event with their presence naturally alongside tens of thousands of national and international experts and decision-makers from the sector. Electronica Germany is one of the largest trade fairs among the industry dealing with electronics and showcases the latest technologies related to the electronics from the top most companies. DOMOTEX Hannover is the world s leading trade show focused on the carpet and flooring industries. The expo is leading in the sector as 1409 exhibitors and over 45,000 visitors from across the world participated in its last edition in 2017. The event provided a powerful platform for information over trends, sales negotiations and import/export ventures. DOMOTEX 2019 will run between 11 and 14 January at Messe Hannover and promises to improve the stats from last year. Throughout the four days of DOMOTEX Hannover 2019 and over the 12 halls of Hannover exhibition grounds, visitors will have an access to the industry's top businesses and innovations. Just under 30,000 of the participants are expected to come from abroad and a third of them come from Asia and the Americas. The imm cologne is an international furniture fair, which takes place once a year in Cologne and has firmly established itself as the leading trade fair for the furniture industry. It presents the latest global furniture and interior design trends for the coming season and inspires every year with many marketable innovations. Exhibitors will be offered the opportunity for product and market tests on the final consumer. The imm cologne is considered as indispensable communication forum, important impetus driver and creative center of ideas. Page 11

BAU 2019 World s Leading Trade Fair for Architecture, Materials and Systems 14-19 January 2019 in Munich https://baumuenchen.com/index-2.html Green Week 2019 "The world's biggest fair for food, agriculture and horticulture." 18-27 January 2019 Berlin https://www.gruenewoche.de/e n/ boot Düsseldorf 2019 19-27 January 2019 in Düsseldorf. https://www.boatduesseldorf.com/ BIOFACH 2019 World Organic Trade Fair" 13-16 February 2019 in Nuremberg https://www.biofach.de/en BAU has been an absolute sector highlight ever since its launch in 1964. It is the perfect business, contact and information platform for all professionals involved in the planning, design, construction and management of buildings. Trade visitors from all over the world gather here to experience the future of building. Attracting over 2,100 exhibitors from 45 countries, the 2017 edition of BAU was again in record-breaking territory. And once more there was a first-class turnout of trade visitors: The exhibitors were delighted with the international range, the quality and the diversity among the 250,000+ trade professionals at the show. International Green Week Berlin is a 10 day event being held from 18th January to 27th January 2019 at the Messe Berlin in Berlin, Germany. This event showcases products like The IGW features a comprehensive range of international foods and luxury items Fresh products of all types Product markets, beer, wine and champagne, meats and sausages, seafood, teas, herbs and spices Agricultural and horticultural machinery and equipment, seeds, greenhouses and gardening supplies, breeding stock, pets, hunting and fishing supplies etc. The "boot" in Düsseldorf is the world's largest and most international indoor fair for boats and water sports. It takes place every year and is a pure public exhibition. At an exhibition area of 220,000 square meters the visitor will be informed about the services and products relating to water sports. In particular, innovations and trends are the focus of the show. Participating and trying is the motto of this fair, the opportunity can be found in elaborately designed theme worlds, where the visitors are given the opportunity to test new products from various fields. These theme worlds are based on the priorities of the fair: sailing, motor boats, superyachts, boat equipment, diving, water tourism, trend sports, fishing and canoeing. The boat fair is the ideal place to plan your next vacation or to get ideas. Whether sailing in the large pool, paddling on the dedicated canoe trail or diving in the diving tower, here the visitors can try and enjoy almost everything around water. Biofach Germany is world s leading event focusing on organic foods. The event involves passionate exhibitors and visitors who are solely concerned about organic foods and want to spread awareness about benefits of organic foods. The event focuses on the benefits of organic food in real life. Various exhibitors and professionals gather and conduct seminars to spread as much awareness as possible. A variety of organic products and services are exhibited by the professionals and demonstration of various tools and products are conducted by the professionals. The latest brands can contact and network with organic professionals and expand their business and gain inspiration from international organic markets and products. Page 12

INHORGENTA MUNICH 2019 22-25 February 2019 in Munich https://www.inhorgenta.com/in dex.html HANNOVER MESSE 2019 The world's biggest industrial fair 01-05 April 2019 in Hannover http://www.hannovermesse.de/ home Transport Logistic 2019 4-7 June 2019 in Munich https://www.transportlogistic.d e/index-2.html The Inhorgenta Munich is an international trade fair for jewelery, watches and lifestyle and can now confirm its role as one of the leading trade fairs in the sector. The annual exhibition is open to trade visitors only. At the Inhorgenta exhibitors show the latest jewelry and watch collections for the coming season. Exhibitors include watchmakers, goldsmiths and silversmiths, appraisers, gemologists, mineralogists, jewelry designers, engravers, opticians and electroplating companies. In addition, a comprehensive program consisting of numerous seminars and panel discussions on the topics of watches and jewelry rounds off the event. At the lifestyle forum Tends & Vision, a separate area for innovation, new features and visions, will be built bridges between design, science, art, fashion, film and architecture. The Couture Pavilion shows the fascinating world of luxury. It is the glamorous center of international design brands in the luxury class and completes the offer of the fair perfectly. Hannover Messe is known as the world largest displaying of the industrial technology in Germany. It emerges as the prospering and effective in global competitive arena and is recognized as the optimum place for obtaining information about industrial know how. With the experience of more than 50 years, the event is expected to attend by more than 210,000 visitors. Approximately 6150 exhibitors attend this 5 days Hannover Messe event. With the leading trade fairs taking place in parallel, HANNOVER MESSE covers a wider range of themes and exhibits than any other event R&D, industrial automation and IT, industrial supply, production engineering and services, as well as energy and environmental technology. If you need both exporoad can help you please contact us. The opportunity to develop new sales leads in other sectors, unique access to new products and technologies and a huge international presence attract exhibitors and visitors from all over the world. Discover a host of product innovations and the latest technology. Growth markets need effective business platforms. Despite today s networked world, trade fairs still serve as a central meeting place for market participants. The world's leading trade fair for logistics, mobility, IT, and supply chain management, and global industry gathering in Munich. It gives visitors a complete look at the entire process chain of the transport and logistics sector. At the trade fair, more and more exhibitors from Germany and all around the world present their innovative products and services. Transport logistic Munich also features an extensive program of related events and conferences. Furthermore, the trade fair serves as ideal platform for knowledge transfer and networking. Page 13

CeBIT 2019 Europe's leading Digital Event 24-28 June 2019 in Hannover https://www.cebit.de/en/bepart-of-it/rebooking-2019/ Anuga 2019 5-9 October 2019 in Cologne http://www.anuga.com/anuga/i ndex-2.php CeBIT is the largest and most internationally represented computer expo. The trade fair is held each year on the Hanover fairground which is the world's largest fairground, in Hanover, Germany. With over 200,000 visitors; 3,000 exhibiting companies and enormous international media interest, the event is considered as one of the most important in the world tech sector. CeBIT 2019 will take place between 24 and 28 June at Messe Hannover in Germany. Apart from the exhibition, the 21 halls of Messe Hannover will host various conferences, expert panels and digital summits. Key themes throughout CeBIT will include artificial intelligence, business solutions, network infrastructure and trends in the tech industry. Each of these topics will be further presented through speeches and hands-on demonstrations. Anuga - the Allgemeine Nahrungs- und Genussmittel- Ausstellung ( General Food and Drink Trade Fair") - is a large-scale trade show for the food catering, retail and trade industries. The event takes place every two years and its last edition in 2017 was attended by 165,000 visitors. Additionally, over 7,400 exhibitors presented top culinary delights from across the globe. K- Messe 2019 16-23 October 2019 in Düsseldorf https://www.k-online.com/ The fair K Düsseldorf (plastics fair Dusseldorf) is the international trade fair for plastics, rubber, plastics processing and plastics manufacturing worldwide. The exhibition offers of the more than 3,000 national and international exhibitors of K Messe Düsseldorf (plastics fair Düsseldorf) includes machinery and equipment, raw and auxiliary materials as well as semi-finished products, technical parts and reinforced plastic products. The leading trade fair Düsseldorfer K Messe is supplemented by a supporting program with a special show. A+A 2019 "Safety, Security and Health at Work International Trade Fair with Congress" 5-8 November 2019 in Düsseldorf https://www.aplusaonline.com/ A-A Congress is a 4 day event being held from 5th to the 8th November 2019 at the Fairground Dusseldorf in Dusseldorf, Germany. This event showcases work safety, Health at Work, High-risk prevention, Operational Environmental Protection, Avoid damage and deterioration, Metrology prevention of accidents. safety engineers -and commissioned Manager, entrepreneur, Operational, staff councils, Occupational physicians, occupational physicians, Supervisory bodies, governmental and BG Set. Page 14

AHK Sri Lanka Upcoming Events Business Forums in Germany AHK Sri Lanka will be organizing a business delegation to Germany in a drive to boost the investment and trade relations between Sri Lanka and Germany. The delegation will be headed by the Hon. Minister Malik Samarawickrama, Minister of Development Strategies and International Trade, Board of Investment in Sri Lanka, Sri Lanka Export Development Board and decisionmakers of Sri Lankan businesses. 24 th -26 th September There will be investment forums and individual discussions in Frankfurt, Hamburg and Berlin. Frankfurt 24th September Hamburg - 25th September Berlin 26th September For registration, please visit: https://srilanka.ahk.de/en/events/eventdetails/sri-lankan-business-forums-in-germany/ Top German Brands in Sri Lanka -5 th Edition- in Colombo 17 th September For more details and registration: https://srilanka.ahk.de/en/events/eventdetails/top-german-brand-initiative-2018-5th-edition/ Sourcing Delegation to Sri Lanka 19 th 22 nd November Contact us for more information: dilshan@srilanka.ahk.de Page 15

AHK Sri Lanka - Team Mr. Andreas Hergenröther Chief Delegate of German Industry and Commerce in Sri Lanka Mr. Malintha Gajanayake Head of Corporate Affairs / Export Promotions Mr. Dilshan Nawanjana Manager- Business Development / Market Analyst Ms. Lucy Schulze Manager- Public Projects & Vocational Training Editor Ms. Nishani Liyanage Administration Officer 6th Floor, 161 A, Dharmapala Mawatha, Colombo 07, Sri Lanka Our Premier Platinum Partners +94 112 314364 dilshan@srilanka.ahk.de Visit our website for more information updates Follow us to stay tuned for further Tweet us AHK Sri Lanka Newsletter subscription is available in this Link Copyright 2018 Delegation of German Industry and Commerce in Sri Lanka All rights reserved.