BOI, EDB, Port City Commission back under Investment Promotion Ministry

Monday, 19 September 2022 02:51 - - {{hitsCtrl.values.hits}}

The Government has issued a new Gazette notification changing the agencies under the purview of the Investment Promotion Ministry.

Accordingly, the Board of Investment (BOI), Export Development Board (EDB) and Port City Commission, which were previously under the Finance, Economic Stabilisation and National Policies Ministry, have been added now under the Investment Promotion Ministry.

The related gazette notification was issued last Friday with the signature of President Ranil Wickremesinghe.

However, as there is no Cabinet Minister appointed for the Investment Promotion Ministry yet, it will continue to be under the purview of President Wickremesinghe.

Some of these institutions were originally brought under the Investment Promotion Ministry which was briefly held by business leader-turned National-list Parliamentarian MP Dhammika Perera.

The re-assignment of these institutions signals a possible appointment of a new Investment Promotion Minister or a State Minister, political analysts speculated.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.