📈 Korea–Sri Lanka Forum Focuses on Investment Growth

Source

• The "Korea–Sri Lanka Investment Facilitation Forum" was held on Nov 14, 2025, organized by the Korean Embassy and the BOI, aiming to strengthen bilateral investment and trade cooperation. • Deputy Minister Chathuranga Abeysinghe reaffirmed the government's commitment (aligned with the 2026 Budget) to an investment-friendly environment, encouraging Korean companies to establish head offices and production centres. • A key ambition is the development of a South Korean hub in the port city to enhance opportunities and deepen bilateral collaboration. • The dialogue facilitated direct interaction between Korean businesses and over twenty Sri Lankan line ministries, focusing on addressing current operational challenges and procedural bottlenecks. • Korean Ambassador Miyon Lee acknowledged SL’s meaningful progress but urged continued improvement, specifically in policy clarity, transparency, and timely decision making. • Both nations concluded the forum by reaffirming their shared commitment to deepening economic cooperation and fostering an enabling environment for future sustainable investment.

Listen to this article

Duration: 1:22