Sri Lanka is witnessing a surge in foreign investment interest, particularly from India and Germany, following policy relaxations by the new government.
An 18-member delegation from the Society of Indian Automobile Manufacturers (SIAM) visited Sri Lanka to explore market opportunities after the lifting of the vehicle import ban. Representatives from major Indian automakers engaged with government officials and industry stakeholders, aiming to revive Sri Lanka’s automobile sector.
Additionally, the German Import Promotion Desk (IPD) conducted a sourcing mission across nine districts, identifying Sri Lankan SMEs in key export sectors such as spices, coconut-based products, and organic tea. This initiative seeks to strengthen trade ties between Sri Lanka and European markets, boosting local exports.
These developments signal a renewed global interest in Sri Lanka’s economic revival, positioning the island nation as an attractive destination for foreign investments.
