On January 6, 2021, Mr. Pan Liang, Chairman of Hairong Group was invited to attend the investment seminar held by the Embassy of Sri Lanka in China. Sri Lankan Ambassador to China Dr. Palitha Kohona, Deputy general manager of China Metallurgical Group Mr. Xu Xiangchun, General Manager of China Metallurgical International Engineering Group Mr. Wang Zhou, and Deputy General Manager of Enfi Group Mr. Wei Jiaming also attended this seminar.

During the seminar, Sri Lanka Ambassador Dr. Palitha Kohona introduced the latest investment policies and opportunities in Sri Lanka; The government welcomes Chinese businessman to visit and invest in Sri Lanka as it’s one of the safest countries in the world with investment protection and bilateral Double Tax Avoidance Agreements. The ambassador also thanked MCC for its contributions to the infrastructure in Sri Lanka over the years. He wished that the mineral sands project jointly invested by Hairong Group and MCC will be able to commence operation as soon as possible.

We all agreed that the pandemic is the main reason, resulting in the inefficiency of work now, and we hope that the virus will be controlled soon. All parties affirmed to work together to build a modern mining enterprise integrating mining, mineral processing, and deep processing, to promote local economic development, increasing the tax revenue, and providing more employment opportunities for residents.