218 million worth of FDIs in first quarter

Wednesday, 15 May 2013 - 12:33



Investment Promotion Minister Lakshman Yapa Abeywardena said Sri Lanka has received Foreign Direct Investments worth 218 million dollars during the first quarter of this year.


Addressing a press conference at the Information Department yesterday, the minister said 37 foreign investment projects each exceeding one million dollars have commenced in the country from January to March.


He said another 144 foreign investment projects each valued at less than 1 million dollars have commenced during the said period.


The minister said Taiwan, Canada, the Virgin Islands, Netherlands, Singapore, UK, Australia and India were among the countries which have invested in Sri Lanka during the first quarter of this year.

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