Malik’s mantra to mint $ 2.5 b FDI
By Uditha Jayasinghe
The sun is rising on Sri Lanka’s Foreign Direct Investment (FDI) prospects, a top minister assured yesterday, with officials targeting about $ 2.5 billion for 2018 and eyeing the completion of trade and services agreements with both India and China before the year ends.
International Trade and Development Strategies Minister Malik Samarawickrama, in a rare meeting with media, noted that significant efforts would continue on multiple fronts to improve FDI numbers with as much as an 80% improvement expected over the 2017 number of $ 1.63 billion. Such an improvement would land Sri Lanka closer to the $ 2.9 billion mark though he said the target was about $ 2.5 billion.
Responding to questions following the signing of an agreement of mutual cooperation between hi...
