President Highlights Investment-Friendly Environment and Autonomy for BOI

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December 06, Colombo (LNW): President Anura Kumara Dissanayake announced that Sri Lanka’s current political stability has fostered an environment conducive to investment, emphasizing the nation’s readiness to attract clean and impactful investments. He assured that political influence would play no role in granting new investment opportunities, and the Board of Investment of Sri Lanka (BOI) would be granted full autonomy to fulfill its mandate.

The President made these remarks during a meeting with senior BOI officials at the Presidential Secretariat in Colombo yesterday (05), as reported by the President’s Media Division (PMD).

Highlighting the importance of achieving both political and financial stability, President Dissanayake stated that the BOI holds a critical responsibility in driving the nation’s economic growth. He stressed the need for the BOI to remain committed to its duties and assured the institution of complete independence to attract meaningful and sustainable investments.

The President also revealed that the upcoming budget would allocate resources to enhance the BOI’s operational efficiency. Furthermore, he announced plans to establish five new investment zones across the country in the coming year, aiming to diversify and bolster the nation’s investment landscape.

The meeting was attended by Secretary to the President Dr. Nandika Sanath Kumanayake, BOI Chairman Arjuna Herath, BOI Director General Renuka M. Weerakone, and other senior officials.

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