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Govt. to set up Investment Management Committee to encourage investments

23 Feb 2021

The government said a committee named Investment Management Committee would be appointed by the Cabinet of Ministers to encourage foreign investments. It said several internationally recognized investors have shown their enthusiasm for investing in Sri Lanka recently. However, the Sri Lanka Board of Investment (BOI) authorities had to make an attempt to implement the project through the investment authorities in Sri Lanka. "Under these circumstances, the government understood the accelerated requirement of establishment of a more formal methodology for encouraging such investments. "Thereby, a proposal tabled by the Prime Minister as the Minister of Finance to set up the Investment Management Committee was approved by the Cabinet yesterday. "The Committee is to be implemented with the Chairmanship of the Secretary to the General Treasury, and the participation of members comprised of Secretaries to Ministries and the Chairperson of the Investment Board and to entrust that committee to take necessary measures for granting approval for the investment proposals," the government said.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


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