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Sri Lanka targets $5 billion in FDI over next 3 years

Sri Lanka’s investment promotion agency is aiming to attract $5 billion of Foreign Direct Investments (FDI’s) over the next three years said the International Trade and Development Minister.

Speaking at a precursory event to the Invest in Eastern Sri Lanka Forum later this month, Malik Samarawickrema said the government was also planning to conduct investment road shows to target several countries.

Mr Samarawickrema added that the event would aid the whole island, noting that several Chinese investors are to invest in setting up industries at the Hambantota Harbour area, reports Colombo Page.