Off the wire
• Gangs abusing disabled people to stealing busted  • 3 injured in blast in Kenya's border region  • Eurozone industrial producer prices rise in October  • China's cabinet issues five-year plan for poverty alleviation  • Malaysia's central bank unveils measures to prop up tumbling ringgit  • News Analysis: China moves toward artworks with national characteristics  • Xinhua world news summary at 1530 GMT, Dec. 2  • 1st LD-Writethru: Xi calls for building of socialist ecological civilization  • HKSAR gov't lodges new legal actions to disqualify four more legislators over invalid oaths  • Quarter of Greek businesses fear "padlock" in 2017: survey  
You are here: 　 Home

Sri Lanka plans to bring new investment law

Xinhua, December 2, 2016 Adjust font size:

The Sri Lankan government would introduce new legislation for the acceleration of approvals for all types of investments, a minister said on Friday.

Highways and Higher Education Minister Lakshman Kiriella said the government was targeting foreign direct investments (FDI) for the development of the economy.

The Sri Lankan government has paid attention for high powered committees in place for approval of investments.

It has assigned the legal Draftsman's Department to work out the proposed Investment (Special Provisions) Bill. Endit