May 04, Colombo: Sri Lanka Board of Investment (BoI) achieved the highest level of Foreign Direct Investment (FDI) and Domestic Investments (DI) in 2007 reaching Rs.641 billion which is a 79% increase in investments against the year before.
The BoI key projects in 2007 showed diversified investments and increase in large scale projects which resulted due to improvements in the BoI methods of processing investments, encouraging the establishments of new economic sectors effecting technological transfers and thus diversifying Sri Lanka’s economic base.
Moving towards attaining a sustainable economy with diversified products and services is evident in the top ten enterprises that have invested in Sri Lanka last year, which included areas such as telecommunication services, power, tourism, and high-rise building construction.