BOI discusses FDIs with US Deputy Chief of Mission

Thursday, 29 September 2022 03:23 - - {{hitsCtrl.values.hits}}

US Embassy Deputy Chief of Mission Doug Sonnek paid a courtesy visit to Board of Investment (BOI) Chairman Raja Edirisuriya on Monday where the discussions revolved around the BOI’s efforts to attract Foreign Direct Investment and boost exports, which are critical to Sri Lanka’s economic recovery.

The duo also discussed structural reforms that will make it easier for American businesses to invest here in Sri Lanka.

Moreover, DCM Sonnek highlighted the nearly $ 240 million in new assistance since June that the United States has provided to Sri Lanka during this crisis and explained how the US International Development Finance Corporation can be a valuable source of financing for established private sector companies operating in investment priority areas of climate change/adaptation, healthcare, information, and communications technology, food security, and women’s economic empowerment.