WORLD

Sri Lanka Launches Digital Platform To Further Attract Foreign Investors

31/05/2026 01:50 PM

COLOMBO, May 31 (Bernama-Xinhua) -- Sri Lanka's Board of Investment (BOI) has recently launched "Ready to Invest," a digital platform that places 30 structured, project-ready investment opportunities directly in front of international investors, according to local media outlets, reported Xinhua.

The platform presents projects across eight priority sectors, namely tourism and leisure, manufacturing, transport and logistics, information and communications technology, agriculture and agro-processing, urban development, aviation and maritime infrastructure, and renewable energy.

The BOI said the initiative aims to connect foreign investors with projects prepared for international partnerships and faster engagement.

Sri Lanka recorded 5.0 per cent economic growth in 2024 and 2025 after its recent economic crisis, while foreign direct investment reached US$1.06 billion in 2025, up 73 per cent from the previous year.

Tourism revenue rose to US$3.22 billion in 2025, supported by 2.3 million international arrivals.

The BOI said US$1.9 billion in approved projects are ready to break ground, with another US$1.4 billion in the pipeline.

The platform also allows investors to submit applications, track approvals, make payments and access documents online, state media said. 

--BERNAMA-XINHUA


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