Sri Lanka targets US$ 2 billion FDI this year BENNY QUETELL PRIVATE EQUITY,VENTURE CAPITAL,HEDGE FUNDS ,INVESTMENT BANKING

Sri Lanka this year targeting over US$ 2 billion in foreign investments to the country will remove all obstacles in achieving the goal, the newly appointed Minister of Investment Promotion Lakshman Yapa Abeywardena said. Addressing the media after assuming duties as the new minister Thursday (31), Abeywardena said the government will focus on four sectors, namely tourism, education, industrial development and the service sectors, this year to attract foreign investors. The Minister spoke of investments in the education sector which has not been tapped so far.

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