COLOMBO ; Facilitated by the Embassy of Sri Lanka in the Russian Federation, a high-level business
- delegation from the National Association of Builders (NOSTROY) of the Russian Federation
- undertook a visit to Sri Lanka from 22-25 July 2026.
- The high-level delegation met with the Acting Minister of Foreign Affairs, Foreign Employment
- and Tourism, Arun Hemachandra and the Deputy Minister of Tourism, Ruwan Ranasinghe at the
- Ministry on 23rd July 2026. Welcoming the delegation, Acting Minister Hemachandra highlighted
- the longstanding and cordial relations between Sri Lanka and the Russian Federation, and
- underscored the importance of expanding bilateral economic cooperation. To this end, the Acting
- Minister further noted that enhanced collaboration in infrastructure development, investment, and
- skilled labour mobility will generate tangible economic benefits for both countries.
- Deputy Minister of Tourism Ruwan Ranasinghe emphasised the investment potential of Sri
- Lanka’s tourism sector, particularly in hotel development, and tourism infrastructure. He briefed
- the delegates on the opportunities available for foreign investors in specific tourism infrastructure
- development projects through relevant government agencies such as the Sri Lanka Tourism
- Development Authority and the Board of Investment (BOI).
- The delegation, led by Vice President Anton Moroz, comprised twenty-foursenior representatives
- and technical experts from leading Russian construction companies. During their visit, the
- delegation also held discussions with the Ministry of Transport, Highways and Urban
- Development, the Urban Development Authority, and the Board of Investment. These discussions
- were aimed at exploring opportunities for investment and collaboration in infrastructure and
- urban development projects. The delegation also met with the Sri Lanka Bureau of Foreign
- Employment (SLBFE) to explore avenues for expanding employment opportunities for qualified
- Sri Lankan construction professionals in the Russian Federation.
- NOSTROY is the largest association in the construction sector in the Russian Federation,
- representing more than half of the construction companies operating in Russia and internationally.
- The Association plays a leading role in promoting innovation, industry standards, and
- international cooperation within the Russian construction sector
