Introduction
Investment Promotion has a significant role in enhancing the Economic Development of Sri Lanka. Along with the increase of local and foreign investment, the employment opportunities will also be increased. Export sector will be developed and thereby, the amount of foreign exchange assets will go up.
The Investment Promotion Division of the Ministry of Economic Development was set up to create a globally competitive Investment climate enabling Sri Lanka to be the most preferred destination for investment through a conducive policy regime that stimulates growth and development.
Today, Sri Lanka's infrastructure ranks as the best available in South Asia. Public and private investment programmes have been implemented to improve the country's basic infrastructure facilities. The government is actively encouraging private sector investment in infrastructure. on the basis of BOO (Build, Operate and Own) and BOT (Build, Operate and Transfer). Currently there are private investment projects in power, ports, water sanitation, transportation (highways and rail) and IT.
Under the "Mahinda Chinthana" Manifesto presented by His excellecy the President, various special incentive schemes and programmes have been introduced with the objective of facilitating and encouraging investors as no other countries of the region is providing, so that investors can implement their projects in a hassle free atmosphere in Sri Lanka.
Other than the Investment Promotion Division, there are two more divisions included in the Ministry of Economic Development as below:
Tourism Division
Nation Building Division
