Business Strategy

•  Colombo would look into a year 2009 which would result in reduced exports due to many of the finished Garment producers looking else where for production due to taxation benefits with EU countries and cheaper production cost.

•  The more traditional products exported in Sri Lanka would remain from commodities such as rubber based products / Tea / Handicraft / Furniture / Foot wear / High Quality finished garments.

•  Due to a lack of volumes which will affect the consolidators' market, CWT Globelink Colombo would aggressively market services to the forwarder segment.

•  CWT Globelink Colombo would assist the open forwarder market on promotion of transshipment facility for LCL shipments which we currently have pioneered to enable us keep our export / import volumes in a reasonable state allowing the network within CWT Globelink to full fill our volume control.

New Trade Lanes

•  Dublin

•  Durban

•  Mombasa

•  New York

•  Prague

•  Toronto

New Business

Transshipment awareness program for forwarders.

•  CWT Globelink Colombo would actively promote the TS services which Colombo can offer to friendly forwarders to improve current TS volumes via Colombo to enable us look at development of more direct trade lanes to whorl wide ports offering very competitive rates and fast transits.

Bond in Bond out Facility in Colombo .

•  The above facility would ease out the logistics difficulties of smaller and medium factories that are approved by the government on tax relief for re export of finished goods in Sri Lanka to the world.

•  Orders are placed from suppliers buy several or one buyer and goods are released in lots to suite production needs avoiding the lengthy procedure and re shipment due to constraints faced by producers.

•  Markets we would like to look for this new venture would be Hong Kong / China / Taiwan .