The Sri Lankan government has vowed to streamline processes to obtain investment permits, in order to lure more investments from Asia and Africa, according to The Jakarta Post.
Executive director of the Board of Investment of Sri Lanka, Dumida Ariyasinghe, said his country was working on a one-stop permit policy, post-investment services and a tax holiday incentive for foreign investors, with the hope it will boost business on the island.
“Investors from any country can enjoy the facilities that can boost business [in Sri Lanka],” Ariyasinghe was quoted by Antara news agency during the Asian-African Business Summit in Jakarta.
Sri Lanka’s economic growth to decline, more FDI required – World Bank (16 April 2015)
Sri Lanka to reduce FDI barriers (29 March 2015)
Sri Lanka requires more FDI to sustain growth - minister (18 October 2014)
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