📈 Sri Lanka Targets PPP Act and Key Investment Laws by Q1 2026

The Government is fast-tracking legal reforms to create a coherent framework for attracting private investment into public infrastructure, aiming to address procurement overlaps and boost investor confidence. • PPP Act Enactment: • The National Agency for Public–Private Partnership (NAPPP) aims to get the final draft of the PPP Act approved by Cabinet this month (Nov 2025) and enacted by January 2026. • This will be followed by new comprehensive PPP procurement guidelines. • Evaluation Tool: • A new Screening and Scoring Tool to professionally evaluate PPP projects is currently being developed and is expected to be ready by the end of Q1 next year (March 2026). • Investor Protection: • In parallel, a new Investment Protection Act is being drafted. The Government's goal is to have this legislation in place within Q1 next year to improve the investor climate. • Expert Caution: • A key warning was raised by experts at the forum, noting that the effectiveness of these multiple reforms could be undermined by existing institutional fragmentation and overlapping legal mandates if not urgently resolved.