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Monday, 29 September 2014 - 15:48
Lanka to achieve US $ 1.5b FDI target
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Minister of Investment Promotion Lakshman Yapa Abeywardena at the signing of the agreement to launch Royal Asian Cruses in Colombo last week stated that FDI inflow had exceeded 1 billion dollars by September 15th and therefore, Sri Lanka will achieve this year's FDI target of 1.5 billion US dollars.

RAC is a 33 million US dollars investment with a target to expand over the next couple of years.

Minister Abeywardena said this investment is a milestone in the tourism industry because it opens new vistas for the expansion of the sector.

 
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