Hundreds of hectares of state plantation land opened to investors
Newswire: Sri Lanka has officially launched the second phase of its initiative to offer underutilised state plantation lands and assets for investment, marking a key step in efforts to transform dormant public assets into productive economic opportunities.
The programme, introduced under the 2025 Budget by President Anura Kumara Dissanayake, aims to improve land productivity, attract investment, and support regional economic development across the country.
According to Deputy Minister Chathuranga Abeysinghe, the latest phase includes investment opportunities involving plantation lands, tea factories, bungalows, agro-tourism zones, renewable energy projects, and value-added agricultural ventures.
The opportunities are spread across several districts, including Kandy, Matale, Nuwara Eliya, Badulla, Monaragala, Kegalle, and Galle.
Key sectors identified under the program include agricultural tourism, spice cultivation, renewable energy, tourism development, plantation modernisation, and value-added manufacturing.
The available assets have been categorised into different scales, ranging from large estates exceeding 100 hectares to smaller strategic land plots, as well as existing industrial facilities such as tea factories and plantation bungalows.
The initiative is open to both local and foreign investors, while Sri Lankan individuals and legally established entities are also eligible to participate in long-term development partnerships.
The Government expects the programme to help unlock regional economic potential, generate employment opportunities, modernise plantation economies, encourage sustainable investment, strengthen export-oriented industries, and promote the integration of tourism and renewable energy projects.
Further details on the investment opportunities are available through the procurement section of the Plantation Ministry’s official website, the Deputy Minister said.
OSL take:
Sri Lanka’s launch of the second phase of its programme to offer underutilised state plantation lands and assets for investment presents a timely business/investment opportunity for foreign businesses/investors seeking exposure to one of South Asia’s emerging growth markets. As the country advances economic reforms and promotes private sector participation, the plantation sector is attracting renewed attention as a source of long-term value creation. Tea, one of Sri Lanka’s most renowned export commodities, remains a cornerstone of the plantation industry, offering opportunities across cultivation, processing, value-added manufacturing, branding, exports, and sustainable agriculture. Foreign businesses/investors can also explore opportunities in plantation modernisation, agri-technology, renewable energy integration, eco-tourism, and downstream product development. With growing global demand for premium and sustainably sourced agricultural products, Sri Lanka’s plantation sector is well-positioned to attract international capital, expertise, and innovation. Supported by the country’s strategic location, established export networks, and improving investment climate, the emerging opportunities within Sri Lanka’s plantation industry offer foreign businesses/investors a platform to participate in the sector’s transformation while contributing to broader economic growth and export expansion.
| Article Code : | VBS/AT/20260608Z_2 |