Good Hope Plc (Sri Lanka)

Good Hope Plc is a regional holding company based in Colombo, Sri Lanka. The company aims to be result-driven and technology-oriented, focusing on satisfying customer needs and maximizing employee potential. Their vision includes excelling in profitability while meeting social responsibilities. In line with their vision, Good Hope Plc plans to expand its core businesses to South Asia and South East Asia, taking advantage of the opportunities in the rapidly developing economies of the Asian region. While Sri Lanka remains their home base, they recognize the need to mobilize resources and develop core competencies to make their businesses regionally competitive over time. The company acknowledges the challenges they will face in pursuing this strategy, including the competitive and regulatory environments and market entry barriers. However, they believe that the opportunities presented by the developing economies in Asia are too attractive to be overlooked. They emphasize the importance of integrating themselves with the growth trends in the Asian landscape. To achieve their expansion plans, Good Hope Plc recognizes the need for strategic alliances, joint ventures, and other collaborative arrangements. These partnerships will provide the financial resources, technical expertise, and management competencies required for expansion. Locally, the company aims to further stretch their existing resource base and expertise to accelerate the growth rate of their locally focused sectors.