President Anura Kumara Dissanayake noted that a secure environment for investments has now been established in Sri Lanka, highlighting that the irregularities that prevailed under previous administrations have been rectified.

Dissanayake emphasised that the security of investors and investments coming into the country has been ensured under the current government.

The current government, he said, is formulating new laws within a democratic framework to ensure transparency and stability in the investment process.

He made this remark during a discussion held on Saturday (11) at the Presidential Secretariat with a delegation of US business representatives visiting the country to study Sri Lanka’s investment opportunities, business environment and legal framework, the President’s Media Division (PMD) said.

Dissanayake further affirmed that attracting foreign investment remains a top priority of the government. In this regard, measures are being taken to guarantee investor protection, expand investment opportunities and facilitate investor operations.

He added that steps are underway to introduce an Investment Protection Act to reinforce this commitment.

He also stated that the government is working toward building national unity beyond divisions of ethnicity and religion, creating an efficient public service, maintaining transparent diplomatic relations and overcoming technological barriers through digitalisation all aimed at strengthening the country’s investment climate, the statement added.

The US delegation included Crow Holdings Chairperson Harlan Crow, M&A Business US-India Relations Head Krishna Balam, Hudson Institute President Sarah Stern, Eagle Capital Management Co-Chief Investment Officer and Founder Ravenel B. Curry, Billingsley Company Co-Founder Lucy Billingsley, Civic Leader and SMU Trustee Katherine Crow and Hudson Institute Member Walter Russell Mead.