10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. (Dr.) Anil Jayantha — Minister of Labour and Deputy Minister of Finance and Planning

20 February 2026 ·Oral question: Oral Question: Investments Received (Finance Ministry); Point of Order on Question Scheduling

Public FinanceInfrastructureEmployment
AI summary generated by gpt-5.5

On behalf of the Minister of Finance, Planning and Economic Development, the Minister tabled an answer detailing Board of Investment-approved foreign investment projects from November 2024 to 31 January 2026. The response stated that 29 approved expansion projects amounted to an estimated US$419 million, while 78 new projects amounted to US$541.38 million, with India accounting for the largest share among new projects. It further reported that 45 projects had either commenced implementation or entered commercial operation, and said the BOI was coordinating with relevant agencies to expedite remaining projects subject to permits, environmental approvals, land selection, investor requirements, and statutory compliance.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, on behalf of the Minister of Finance, Planning and Economic Development, I table the answer.

¶ 02 (a) (i) Approved investment projects from November 2024 to 31 January 2026:

¶ 03 Approved expansions (country-wise) – Estimated foreign investment (US$ mn), total US$ 419 mn (note: this is estimated investment of “approved expansions,” not necessarily commenced): - United Arab Emirates: 1 project – 19.1 - Switzerland: 1 – 5.1 - Australia: 2 – 3.0 - United Kingdom: 1 – 24.7 - South Korea: 1 – 3.4 - Luxembourg: 1 – 0.5 - Malaysia: 3 – 54.8 - Netherlands: 3 – 114.9 - Sweden: 1 – 159.0 - Germany: 1 – 6.0 - Mauritius: 1 – 0.6 - [Additional entry] Germany/Mauritius minor entries as listed - Total: 29 projects – 419.0

¶ 04 New projects (country-wise), total 78 projects – US$ 541.38 mn: - Australia (3) – 3.14 - Canada (1) – 9.75 - Denmark (1) – 4.53 - France (1) – 0.35 - Hong Kong (1) – 1.00 - India (11) – 373.40 - Iran (1) – 8.81 - Japan (1) – 2.00 - South Korea (1) – 0.30 - Malaysia (1) – 12.06 - Netherlands (1) – 0.73 - Saudi Arabia (1) – 0.35 - Singapore (4) – 68.07 - Spain (1) – 0.15 - UK (2) – 24.47 - United Arab Emirates (2) – 17.00 - USA (4) – 15.28

¶ 05 (ii) Answer to (i) applies.

¶ 06 (iii) Current status (total 45): - Under construction/being implemented: 31 - In commercial operation: 14 - Total commenced/operational: 45 Annex 02 lists 45 projects commenced implementation/operation, including: - National School of Business Management (Guarantee) Ltd. – new project - Skipod Manufacture (Pvt) Ltd. – new - BCF Lanka (Pvt) Ltd. – new - Ceylon Speciality Chemicals (Pvt) Ltd. – new - Blue Arc Manufacturing (Pvt) Ltd. – new - Revita Global (Pvt) Ltd. – new - AOD South Asia (Pvt) Ltd. – new - Access Medical Tracers (Pvt) Ltd. – new - IDSL Tikiri Essence (Pvt) Ltd. – new - Blue Ocean Breeze (Private) Ltd. – new - Inatex Extracts (Pvt) Ltd. – new - Ishengda Industrial Company (Pvt) Ltd. – new - SMI Point (Pvt) Ltd. – new - Polestar (Lanka) Garments (Pvt) Ltd. – new - Iceylanka SRF (Pvt) Ltd. – new - Jovera Brush Industries (Pvt) Ltd. – new - Agro Global Solutions (Pvt) Ltd. – new - AD Printers and Packaging (Pvt) Ltd. – new - Blue Ocean Capital (Pvt) Ltd. – new - Imelwa Cement (Pvt) Ltd. – new - Punsiri Gems (Pvt) Ltd. – new - 12404001 Ceylon (Pvt) Ltd. – new - Autolink Global Lanka (Pvt) Ltd. – new - One 2 One (Pvt) Ltd. – new - True Foam (Pvt) Ltd. – new - Rossli Clothing (Pvt) Ltd. – new - Evercore Properties (Pvt) Ltd. – new - CEYLON BEVERAGE CAN (Pvt) Ltd. – Expansion 3 - The Colombo Ice Company (Pvt) Ltd. – Expansion 01 - Sunrich Confectionery (Pvt) Ltd. – Expansion 3 - Alchemy Heavy Metals (Pvt) Ltd. – Expansion 2 - Hyosung ONB (Pvt) Ltd. – Expansion 2 - Prime Lands Residencies PLC – Expansion 3 - Dialog Axiata PLC – Expansion 15 - Dialog Broadband Networks (Pvt) Ltd. – Expansion 11 - Ceylon Steel Casting (Pvt) Ltd. – Expansion - Walters Bay Tea Growers (Pvt) Ltd. – Expansion 2 - W.N.S. Global Services (Pvt) Ltd. – Expansion 2 - Informatics Institute of Technology Ltd. – Expansion 1 - Boehm & Leckner Multi Moulds (Pvt) Ltd. – Expansion 2 - Phoenix Industries Ltd. – Expansion 5 - Flexi Print (Pvt) Ltd. – Expansion 3 - Aminovit (Pvt) Ltd. – Expansion - Sun Industrial Tyres (Pvt) Ltd. – Expansion 1

¶ 07 (iv) The pace of implementation depends on factors such as project timelines, obtaining permits and environmental approvals, land selection, and investor-specific challenges. The BOI continuously coordinates with all relevant agencies to expedite implementation while ensuring full compliance with statutory and regulatory requirements.

¶ 08 (b) Does not arise.

Provenance

Source
Hansard, Friday, 20 February 2026 ·No. 23331 ·English daily/uncorrected Hansard
Page · column
not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
Permalink
/lk/speeches/29915

Cite as: The Hon. (Dr.) Anil Jayantha — Minister of Labour and Deputy Minister of Finance and Planning. 10th Parliament, Parliament of Sri Lanka. Hansard, 20 February 2026. No. 23331. Politick, https://staging.politick.io/lk/speeches/29915