Govt to introduce investment promotion package

November 9, 2018

Minister of International Trade and Investment Promotion Bandula Gunawardena says Entrepreneurs in the private sector and new inventors will be granted maximum allowance under a new investment promotion package for investment opportunities through the 2019 budget.

The Minister made these remarks while speaking at a media briefing in Colombo this morning.

Minister Gunawardena noted the main factor to develop the country is to increase investments.

He stressed a proposal will be tabled in Parliament to provide private sector local and foreign entrepreneurs, new innovators and investors the opportunity to invest in development projects initiated by the Finance Ministry in future adding it will be presented through the budget.