BOI approves 64 projects worth USD 650 million
- CNL Reporter
- May 30, 2025
- News
- BOI
- 0 Comments
Since the formation of the new government, 64 projects worth USD 650 million have been approved by the Board of Investment (BOI), with investment proposals valued at USD 3.7 billion currently under feasibility review, Deputy Minister of Industries Chathuranga Abeysinghe said.
In a statement on social media, the Deputy Minister said the government is focused on accelerating industrial investment by streamlining approvals, improving infrastructure, and promoting Sri Lanka’s strategic location to global investors.
As part of these efforts, a delegation of Chinese business representatives visited the Ministry of Industries and Enterprise Development on Wednesday (28 May).
Deputy Minister Abeysinghe said they discussed potential investments in sectors including vehicle assembly, rubber, chemicals, tourism, gems and jewellery, agriculture, and mineral-based industries.
