Sri Lanka’s FDI Surges 90% in Early 2025
Sri Lanka has recorded a strong start to the year with a 90% surge in Foreign Direct Investment (FDI) during the first quarter of 2025, injecting an additional US$96 million compared to the same period last year, according to the Board of Investment (BOI).
The figures were revealed during a high-level review meeting chaired by President Anura Kumara Dissanayake at the Presidential Secretariat on Thursday (June 20). The review highlighted encouraging signs in the investment landscape, with domestic investment also climbing by US$21 million and export revenue rising by US$176 million in the first three months of the year. Total foreign investment attracted so far in 2025 stands at US$4.67 billion.
President Dissanayake emphasized the critical role of the BOI in steering Sri Lanka’s economic future, particularly in uplifting rural communities. He acknowledged that traditional sectors are reaching saturation and called for a bold pivot toward new, high-potential areas such as services and technology.
“Sri Lanka must break out of its historic investment limits,” the President said, pointing out that the country has drawn only US$22 billion in total investment since 1978—less than what Vietnam attracted in a single year. “We must now go beyond chasing what we’ve missed and focus on discovering the untapped.”
The President urged the BOI to take a more proactive stance in identifying emerging sectors and global investor trends, rather than relying solely on established industries.
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