Sri Lanka has officially launched the second phase of its programme to offer underutilized state plantation lands and assets for investment, as part of efforts to transform dormant public resources into productive economic opportunities.
The initiative, introduced under the 2025 Budget by President Anura Kumara Dissanayake, is aimed at improving land productivity, attracting investment, and supporting regional economic development.
Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe said the latest phase includes a wide range of investment opportunities involving plantation lands, tea factories, bungalows, agro-tourism projects, renewable energy ventures, and value-added agricultural enterprises.
The investment opportunities are located across several districts, including Kandy, Matale, Nuwara Eliya, Badulla, Monaragala, Kegalle, and Galle.
Key sectors identified for development include agricultural tourism, spice cultivation, renewable energy, tourism infrastructure, plantation modernization, and value-added manufacturing.
According to the Deputy Minister, the available assets have been categorized into various scales, ranging from large plantation estates exceeding 100 hectares to smaller strategic land parcels. Existing facilities such as tea factories and plantation bungalows are also being offered for development.
The programme is open to both local and foreign investors, while Sri Lankan individuals and legally established business entities are eligible to participate through long-term development partnerships.
The Government expects the initiative to help unlock regional economic potential, create employment opportunities, modernize plantation industries, strengthen export-oriented sectors, and promote sustainable investment in tourism and renewable energy.
Further information on the available investment opportunities can be accessed through the procurement section of the Ministry of Plantation Industries’ official website, Abeysinghe said.