- Says they offer opportunity to attract investments into tradable sectors such as manufacturing
- BOI already signed proposal for US$ 24bn refinery and related projects at Hambantota port
- Says SL’s long-term growth potential hinges largely on foreign investments, diversified trade and tourism
- 1H20 FDI at US$ 345mn with full year target for US$ 750mn.
Moody’s Investors Service remains optimistic that the current lackluster record of foreign direct investment (FDI) flows to Sri Lanka would turn a corner with start-of-the-art affiliated projects in the Colombo Port City and the construction of investment and export zones near ports over the coming years, amid emerging signals that the two sites are already in investors radar.
AEL will play a lead role in the infrastructure development projects in the near future. Await finalization of tender awards!