Sri Lanka, Jan. 29 -- Sri Lanka will achieve an economic growth rate in the excess of 4% in 2025, President Anura Kumara Dissanayake said at the inauguration of the Ceylon Chamber of Commerce hosted Economic Summit at the Shangri-La hotel yesterday.

The President said that to achieve this they have identified key thrust sectors like tourism, shipping and logistics, ICT sector to support in and egg on. The Government will be investing heavily in expanding the ports sector. In addition we also have identified that Foreign Direct Investments (FDI) is also key towards rapid economic and to this we have taken series of decisions to reduce red tape.

"Currently it takes around 269 days since the signing of a agreement with BOI and to execute t...