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Foreign+direct+investment+in+to+Sri+Lanka+doubles+to+US442mn+in+1Q
Friday, 30 May 2014 - 11:48
Foreign direct investment in to Sri Lanka doubles to US442mn in 1Q
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Investment promotion minister Lakshman Abeywardena said Foreign direct investments into Sri Lanka doubled from a year earlier to 442 million US dollars in the first quarter of 2014.

He said 36 percent of the investments came into tourism, 26 percent into utilities, 15 percent into infrastructure, 7 percent into industry and 4 percent into apparel.

In the first quarter 40 new projects were approved, and 38 agreements signed.

During the first quarter 27 have begun construction and 26 firms have started operations.

 
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