Sri Lanka’s Export Development Board (EDB) has reportedly said the country is looking at increasing exports to China by participating in an import fair in the country and also reactivating talks on a proposed free trade agreement (FTA).
The Board of Investments of Sri Lanka has reportedly approved projects to the tune of US$ 1.2 billion so far this year.
The announcement has been made to the media by Director General (DG) of BOI, Sanjaya Mohottala.
The Colombo Port City (CPC) in Sri Lanka is to focus attention on establishing worldwide service-oriented brands after opening it for global investors.
Sri Lanka’s state owned utility company, the Ceylon Electricity Board (CEB) has reportedly stated it has already taken measures to implement the long-delayed renewable energy projects including mini hydro, solar, and wind power generation.
The Colombo Port City in Sri Lanka has stated that foreign investors have expressed interest in investing in the Port City.