Sri Lanka, March 24 -- Former President Ranil Wickremesinghe has raised concerns over Sri Lanka's failure to move forward with large-scale foreign investments, warning that the stalled USD 700 million Adani project alone is a major setback for the country's economic recovery.

"Adani's project is about USD 700 million. That's no joke. We need that money to recover," Wickremesinghe emphasized, pointing out that additional development projects in Trincomalee could have brought in another USD 400-500 million.

"Just imagine-over a billion dollars in investments have been stopped," he added.

Joining Ada Derana's current affairs programme '@Hydepark' recently, Wickremesinghe also expressed frustration over Sri Lanka's uncertain stance on thes...