FDI exceeds 1.5 billion USD target set by BOI for 2023 -State Minister of Investment Promotion

The target set by the Board of Investments (BOI) for Foreign Direct Investments (FDI) for 2023 is 1.5 billion US dollars and BOI FDI realized in the First quarter of 2023 amounted to 211 million US dollars, State Minister of Investment Promotion Dilum Amunugama stated. The BOI has approved investments of 682 million US dollars from January to July, he added.

Despite the ongoing economic crisis, the BOI has been able to attract Foreign Direct Investments of 1.75 billion US dollars exceeding the targeted amount of 1 billion US dollars for 2022, State Minister Dilum Amunugama mentioned.

He expressed these views today (20) during a press conference themed ‘Collective Path to a Stable Country’ held at the Presidential Media Centre (PMC).