Sub-Committee on National Policy advises to prepare system to utilise digital technology to attract investors

Date:

National Council Sub-Committee on identifying short and medium-term programmes related to National Policy looks into the future plans of the Board of Investment (BOI) of Sri Lanka to promote investments in the country.

National Council sub-committee on identifying short and medium-term programmes related to National Policy to into discussion the future plans prepared by the BOI to popularise Sri Lanka as a suitable country for investments and to promote entrepreneurship and investments in Sri Lanka.

This was taken into discussion at the Sub-Committee meeting held three day ago (20) chaired by Ruling Party MP Namal Rajapaksa.

Thus, in order to encourage entrepreneurship and investment, the short-term, medium- term and long-term plans of the Board of Investment of Sri Lanka were discussed.

Furthermore, proposals and views of the board were obtained pertaining to labour law and other laws.

Also, the sub-committee advised the BOI on preparing a system to obtain the approvals to be obtained by the investors and interested parties from one place using digital technology.

The Committee Chief Rajapaksa said that a series of long-term policies prepared for the promotion of investments in Sri Lanka will be presented to the National Council after obtaining the views of the BOI and related stakeholders.

MPs Johnston Fernando and Sagara Kariyawasam, and BOI officials were also present at this sub-committee.

MIAP

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