The Hon. D.V. Chanaka
D.V. Chanaka asked the Prime Minister for detailed data on Sri Lanka’s foreign direct investment from 2005 to May 2025, including annual inflows, components, and value by category, in the context of growth and IMF-related debt repayment capacity. He also sought specific information on the Supreme SAT communication satellite project, including the amount invested in 2011–2012, whether the Government contributed funds, and whether Sri Lanka has received any financial or non-financial benefits from the satellite.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, my question to the Hon. Prime Minister is as follows.
¶ 02 Foreign Direct Investment (FDI) has a decisive role and impact on a country’s economic growth, and under the IMF programme, higher growth is needed to strengthen debt repayment capacity. The media and economists have recently presented differing analyses on FDI. Accordingly:
¶ 03 (a) From 2005 to May 2025, what is the annual amount of FDI received by Sri Lanka, and what are the components?
¶ 04 (b) What is the value distribution of those investments by category?
¶ 05 (c) During 2011–2012, what total amount was invested by Supreme SAT (a subsidiary of Supreme Global Holdings) for the communication satellite it launched?
¶ 06 (d) Did the Government of Sri Lanka invest in that project? If so, how much?
¶ 07 (e) Has Sri Lanka to date received any financial or non-financial benefit from that satellite? If so, what is the annual value?
Provenance
- Source
- Hansard, Wednesday, 9 July 2025 ·No. 1752660241032216 ·English daily/uncorrected Hansard
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Cite as: The Hon. D.V. Chanaka. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 July 2025. No. 1752660241032216. Politick, https://staging.politick.io/lk/speeches/9178