A subsidiary of the World Bank Group, the International Finance Corporation (IFC), is reportedly investing US$27 million in Sri Lanka’s Melwa Hotels
The Power and Renewable Energy Ministry of Sri Lanka has reportedly proposed to bring back coal power plants to the energy mix in a bid to lower long term generation costs,
China’s Yingke Travels has stated it was partnering Sri Lanka’s Green Leaves Travels to bring 100,000 tourists to Sri Lanka in the next 12 months
A Tokyo based high-tech research and development start-up is planning Sri Lanka’s first ever large, industry scale Electric Vehicle (EV) manufacturing facility, the Industry and Commerce Ministry of Sri Lanka announced.
Sri Lanka says that investors have expressed interest to commence work on the second canned fish factory in Hambantota, the local media has reported.