President Rajapaksa said that the option of long-term visas for keen investors will not only significantly increase Foreign Direct Investments (FDI), but also encourage more professionals and experts to invest, work, and live in Sri Lanka
Minister of Youth and Sports Namal Rajapaksa said that the Sri Lanka government was mulling award of long-term visas for investors.
Rajapaksa, in a statement said that the proposal was submitted by President Gotabaya Rajapaksa and approved by the cabinet, according to a report from Xinhua news agency. President Rajapaksa said that the option of long-term visas for keen investors will not only significantly increase Foreign Direct Investments (FDI), but also encourage more professionals and experts to invest, work, and live in Sri Lanka.
As per the BOI’s plan, export revenue with new investments would reach USD 15 billion by 2026, and more than 100,000 jobs would be created in the country
Sri Lanka’s state-owned investment agency the Board of Investment (BOI) last week said the country was aiming to attract USD 3 billion in the FDI by 2026, and the BOI had finalised a strategic plan for the period of 2022 to 2026. As per the BOI’s plan, export revenue with new investments would reach USD 15 billion by 2026, and more than 100,000 jobs would be created in the country.
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