Government Targets Up to $2 Bn in Foreign Investment This Year

January 11, Colombo (LNW): Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando has announced that the Government is aiming to attract between USD 1.5 billion and USD 2 billion in foreign direct investment during the course of this year, as part of efforts to sustain economic momentum.

Speaking on the country’s recent performance, the Minister noted that foreign investment inflows surpassed the USD 1 billion mark in 2025, signalling renewed confidence in the economy. He added that economic growth had outperformed initial expectations, with the year closing at around five per cent, compared to an earlier projection of 3.5 per cent.

Looking ahead to 2026, Dr Fernando said the Government has set aside Rs. 4,480 billion for public sector investment, placing particular emphasis on effective execution. Priority, he explained, will be given to the development of strategic national infrastructure, which is seen as a key driver of long-term growth and employment.

He further pointed out that infrastructure development features prominently in the Government’s disaster relief and recovery strategy. Of the Rs. 500 billion allocated under the relief package, Rs. 250 billion has been reserved specifically for infrastructure projects, with the aim of accelerating economic activity while strengthening resilience across the country.

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