BOI says significant surge in FDIs in 1Q amid stable investment climate

THE Board of Investment (BOI) of Sri Lanka yesterday announced an increased inflow of Foreign Direct Investment (FDI) to the country in comparison to the previous year, consolidating the stable and investor-friendly economic environment.

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The BOI highlighted that the renewed confidence of international investors has resulted in the receipt of new investment proposals given the Government's steadfast commitment to macroeconomic stability and the establishment of consistent policy frameworks to facilitate investments in Sri Lanka.

As of June 2025, the BOI said it received 79 investment proposals, including 40 greenfield projects and 39 proposals for the expansion of existing ventures. The total estimated value of these investments stands at $ 4,669 million, with $ 3,899 million accounted for as foreign investment and the remaining $ 770 million as local investment. This reflects an 18% increase compared to the investment proposals received during the corresponding period in 2024.

The investment proposals span a wide range of sectors and originate from various countries across the globe.

Notably, a rise was observed in greenfield investments directed towards the manufacturing sector, including tyres and tracks for export, mineral processing, and apparel related projects, as well as energy, real estate, including condominium and mixed-use developments, hotel projects, and agricultural-related ventures including dairy farming, seaweed, and seafood processing, and crop cultivation.