The Sri Lankan government is looking at fast tracking liberalisation through legislative reforms due to the identification of bottlenecks to investment both domestic and foreign.
A spokesperson of the Sri Lankan government has been quoted in the local media as saying that China Merchants Port Holdings (CM Port) has agreed to increase its first installment payment for leasing Sri Lanka’s southern Hambantota Port to 30% from 10% of the US$ 1.1 billion deal.
Hapag-Lloyd India has expressed support to the government’s move to liberalize the country’s shipping and logistics industry.
The World Bank has called on Sri Lanka to implement gender equal labor laws and non-discriminatory policies, provide childcare and better prepare girls for employment to encourage more women to join the workforce.
“Invest Sri Lanka Investor Forum”, organized by the Colombo Stock Exchange and the Securities and Exchange Commission of Sri Lanka in association