Home / Columnists/ FDIs – get the basics right first

FDIs – get the basics right first


Comments / {{hitsCtrl.values.hits}} Views / Friday, 23 December 2016 00:13


untitled-36111Sri Lanka’s economy is in desperate need for a strong FDI pipeline. The first step would be to have a compelling and globally competitive ‘Country Value Proposition’ (CVP) – which should simply answer the question ‘Why make in Sri Lanka?’ So, what is Sri Lanka’s CVP?  

Once we have got the CVP sorted, we need to look at the end-to-end process from an investor’s perspective (NOT from a BOI, EDB or GOSL perspective). The one-stop shop is one way to ensure this, but focus should be far more on its practical activation. 

How about locking up all the relevant Line ministers and their senior staff in an office and let them face the real investor and find speedy, practical solutions? Maybe even a reality TV show!


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


The bald truth about fake news, etc.

Friday, 21 September 2018

In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet


Withholding Taxes – What, why, when?

Thursday, 20 September 2018

The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the


Columnists More