A Foreign Investor who is willing to invest in Sri Lanka on projects which are labor intensive and focusing on job creation may be getting a maximum 5000 acre land for 99 year old lease according to Finance Minister Ravi Karunanayake.
The foreign firms are allowed to do Business here without paying 100% tax for the leasing of the land for their projects Finance Minister has said.However Foreign Investors will not be allowed to purchase land in Sri Lanka he has further said.
The foreign firms are allowed to do Business here without paying 100% tax for the leasing of the land for their projects Finance Minister has said.However Foreign Investors will not be allowed to purchase land in Sri Lanka he has further said.
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