In year 2007 Board of Investment (BOI) achieved the
highest level of Foreign Direct Investment and
domestic investment. Investment reached the level of
total $ 734m. This amounts to a 22% growth when
compared to 2006 (US $ 604 million, a BOI press
release said.
This record level in investment was the result a
growth in confidence in Sri Lanka on the part of
Foreign and Local investors.
In 2007, a total of 303 Project Agreements were
signed. This figure represents a 23% increase from
the previous year. It is the highest figure ever
recorded by the BOI.
Sri Lanka has skilled labour, is well located and
benefits from excellent free trade agreements with
India, Pakistan and the European Union.
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