The government of Sri Lanka has reportedly approved the investment of over US$ 200 million in the country’s mobile and fixed access networks in order to carry out network expansions
The MAS Group in Sri Lanka and several other apparel firms in the country are reportedly investing in their companies in order to boost the export production capacity.
Ceylon Agro-Industries Ltd in Sri Lanka, which is a unit of Singapore based Prima Group, is reportedly setting up a US$ 28 million plant to expand their processed food business in the country and move into jams and sauces.
A recent study on the proposed Sri Lanka – China free trade agreement (FTA) has reportedly stated that the FTA would result in higher gains for Sri Lankan exports compared
Sri Lanka’s International Trade and Investment Minister Malik Samarawickrema has informed parliament that Sri Lanka has approved US$ 1,348 billion of foreign investment projects up to April 2018.