A senior official of the Sri Lankan government has reportedly said that Sri Lanka expects to launch the proposed Trade Information Portal (TIP) in mid-May.
A Chinese company currently engaged in a US$ 1.4 billion reclamation project in the Sri Lankan capital Colombo has reportedly prepared building rules that now enables the new real estate to be sold to investors.
Foreign direct investments (FDIs) are being received by Sri Lanka for village level agricultural product promotion programme implemented under the Grama Shakthi People’s Movement, local media reports state.
The Finance Ministry of Sri Lanka states that the government is aiming to attract US$ 2.5 billion in Foreign Direct Investments (FDI) this year.
Sri Lanka has reportedly dispatched one of the country’s largest-ever business and trade delegations to the UK targeting the Commonwealth nations.