Tag: foreign Direct Investment (FDI) in Srilanka

  • Sri Lanka to attract foreign investment for import substitution

    In an ambitious move to-wards self-reliance. Sri Lanka is to attract foreign investors for import substitution projects offering them tax concessions under the Board of Investment of Sri Lanka (BOI). Investment Promotion Minister Lakshman Yapa Abeywardene told that the aim of introducing this strategic scheme is to produce necessary items locally without importing it by…