Business
26th Presidential Export Awards ceremony on February 7 at BMICH
The 26th Presidential Export Awards Ceremony, organized by the Sri Lanka Export Development Board (EDB), will take place on February 7, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of Anura Kumara Dissanayake, President of the Democratic Socialist Republic of Sri Lanka.
The Presidential Export Award is the highest recognition awarded by the President to Sri Lankan exporters who have made significant contributions to the export sector and the economic development of the country. This awards ceremony aims to honor exporters who have played a pivotal role in Sri Lanka’s economic growth.
Initiated by the EDB in 1981, the Presidential Export Awards have been held 25 times. The 26th ceremony is expected to be held with approximately 1,500 invitees, including Cabinet Ministers, diplomatic representatives, government officials, award winners, and exporters.
This year’s ceremony recognizes the best exporters for the 2023/24 financial year. The awards will be presented under two main categories, comprising 14 overall awards and 51 sector-specific awards. Additionally, merit awards will be granted to eligible sectors based on performance and contributions to national economic objectives. Evaluation for sector-specific awards considers criteria beyond export revenue, such as market diversification, job creation, export growth, value addition, sustainability, corporate social responsibility, and export proceeds repatriation.
The EDB received a large number of applications from the export community, reflecting their enthusiasm for this prestigious accolade.