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21.02.2023 / 12:33

Economic Commission to replace BOI & BOE

COLOMBO (News 1st); Sri Lankan President Ranil Wickremesinghe said that an Economic Commission will be formed as early as possible replacing the Board of Investment and the Board of Exports.President Ranil Wickremesinghe made these remarks at the opening of the country’s first migratory bird park and eco-tourism zone in Hanthane, Kandy (20).He stated that an Economic Commission will be formed as early as possible to approve investment opportunity in order to provide more opportunities to local and foreign investors.The President also stated that it has the potential to significantly boost the country’s economy."More investment opportunities are necessary for Sri Lanka to embark on a new economic path. It takes ten years to approve a firm after an investor arrives in Sri Lanka. This situation should be changed.

Ranil Wickremesinghe Sri Lanka president economy Boeing Provident Remark Parke Kandi

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