The government will invite private sector participation, including investments from Small and Medium-sized Enterprises (SMEs), to develop underutilised lands owned by state institutions into economically viable projects.
Cabinet spokesman and Mass Media Minister Dr. Nalinda Jayatissa, speaking at the weekly Cabinet press briefing yesterday (12), said the programme will cover properties managed by the Land Reform Commission, Divisional Plantation Companies, National Livestock Development Board, Sri Lanka State Plantations Corporation, and Janatha Estates Development Board.
Proposed under the 2025 budget, the initiative aims to attract investments in sectors such as plantation and agriculture, plantation-based tourism, livestock development, hydropower and solar power generation, industrial production, freshwater fisheries, and other innovative economic activities linked to plantations.