The Board of Investment (BOI) Chairman Sanjaya Mohottala said Sri Lanka is home to over 1,200 foreign companies and out that 50 percent of capital formation that took place in 2020 by BOI companies came from existing investors.
He added that along with supporting existing industries to expand, the BOI is also looking to orchestrate and help several key manufacturing sectors take root in the country so as to reach US one billion dollar export or import substitution by 2025.
He made these comments in an exclusive interview with Lanka Business online recently.