BOI attracts over USD 800 mn FDI in 2020
Despite the COVID, Dec. 24 -- 19 pandemic, Sri Lanka secured over USD 800 million Foreign Direct Investments (FDI) for 2020, said the new Director-General of the Board of Investments, Sanjaya Mohottala.
In an interview with the 'Daily News Business,' he said that in addition there were commitments to another USD 200 million for the year.
Mohottala said that the 2021 outlook looks impressive with several mega development projects in the pipeline. "One area that will bring in around USD 150 million would be in the cement manufacturing and bagging sector with plans for Kankesanthurai and Hambantota."
In addition, there will be two large wind power parks planned for Punarin where international tenders will be called next year to generate o...
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