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Sri Lanka's FDI flows have improved this year reaching USD 1.07 billion by December 2011, and the Govt expects it to rise to USD 1.75 in the year 2012.
Sri Lanka's deputy economic development minister Lakshman Yapa Abeywardene said
A 'one stop unit' at the tourism development office which was set up in November 2010 had received 189 applications by October 2011 of which 73 have been approved.
The 184 projects with investment values of 1.85 billion dollars involve building 11,809 rooms, according to ministry data.
Sri Lanka's capital Colombo has attracted the largest investment of 903.8 million US dollars involving 3,941 room with Shagri La coming to Colombo Galle Face with USD 500 million alone. Hambantota in the south receive 189.1 million US dollars (720 rooms)
http://www.news.lk/news/sri-lanka/1002-sri-lanka-fdi-tops-us-1-bn-in-2011
Sri Lanka's deputy economic development minister Lakshman Yapa Abeywardene said
A 'one stop unit' at the tourism development office which was set up in November 2010 had received 189 applications by October 2011 of which 73 have been approved.
The 184 projects with investment values of 1.85 billion dollars involve building 11,809 rooms, according to ministry data.
Sri Lanka's capital Colombo has attracted the largest investment of 903.8 million US dollars involving 3,941 room with Shagri La coming to Colombo Galle Face with USD 500 million alone. Hambantota in the south receive 189.1 million US dollars (720 rooms)
http://www.news.lk/news/sri-lanka/1002-sri-lanka-fdi-tops-us-1-bn-in-2011
