17 May 2016
Boosting Sri Lankan mineral sector outlook, a global industry conglomerate from China mainland announced on May 12 that it is ready to take a lead role in Sri Lanka’s strategic minerals. “We are looking for outright purchase of any mineral sands and graphite production of Sri Lanka” said a determined President of Beijing’s SSG International Holding Group’s Chen Hong on 12 May in Colombo. SSGIHG’s President Hong was addressing Minister of Industry and Commerce of Sri Lanka Rishad Bathiudeen on 12 May during his special courtesy call on Minister Bathiudeen. Joining President Hong were his facilitators to Sri Lanka Dr Palitha Kohona and Nanda Kohona as well as four SSGIHG senior officials. The diversified conglomerate SSGIHG has its hands on a vast array of sectors-among them are mineral exploration & mining, tourism, automotives, shopping malls, new energy (non-ferrous energy storage, R&D), project crowdfunding, computer networks, culture & leisure parks, construction, waste recycling and industry parks, film and TV production, brand marketing, healthcare, large scale digital entertainment R&D gaming and computing, and modern agricultural science & technology. Among SSGIHG’s project and finance partners are the global investment bank UBS Group AG, China’s third-biggest brokerage Guotai Junan Securities Co, and Forbes listed and Deutsche Bank partnered Hua Xia Bank.