The Board of Investments (BOI) of Sri Lanka has reportedly said that it is expanding an industrial zone in Mirigama in order to accommodate 31 more foreign-invested factories.
Tourist arrivals to Sri Lanka has reportedly increased by 6 percent to 217,829 in July 2018 from a year earlier, with India, China and the United Kingdom being recorded as the biggest markets.
One of the largest trade show organizers in the world, Messe Frankfurt, has reportedly announced that it will open a sales office in Colombo this December.
A local media report referring to a recent study by leading global real estate consultancy Jones Lang La Salle (JLL) has stated that the proposed Colombo Light Rail Transit (LRT) project
Sri Lanka has been on the path to development since the end of the civil war in 2009 and most of the development has been credited to the real estate sector in the past five years.