Sri Lanka would attract foreign direct investment (FDI) worth 2.3 billion U.S. dollars in 2023, state media reported on Saturday quoting State Minister of Investment Promotion Dilum Amunugama.
With two weeks left in 2023, Sri Lanka has already attracted over 1.8 billion dollars in FDI, the state minister said.
Agreements on another four projects will be signed in the coming days, bringing the FDI to 2.3 billion dollars, Amunugama said.
The economic stability and steps taken to encourage FDI by the government were the main reasons for the increase, he said.
Despite the economic crisis, the Board of Investment has been able to attract FDI of 1.75 billion dollars.—APP
