SL attracts less FDIS in 2011
Sri Lanka attracted approximately US$ 300 million in Foreign Direct Investment (FDI) during 2011, as compared with US$ 478 million and US$ 404 million in 2010 and 2009, according to World Investment Report by UNCTAD (United Nations Conference on Trade and Development)
According to the report, FDI outflows from the country were recorded at US$ 50 million.
Sri Lanka s Board of Investment had previously indicated that Sri Lanka had exceeded US$ 1 billion FDI for 2011,
with a stated target of US$ 1.75 billion in FDI being set for the end of this year.
In terms of FDI attraction ranking, Sri Lanka was rated at 159 out of 182 countries.Pakistan and Bangladesh were ranked above Sri Lanka at 127 and 144, while Afghanistan and Bhutan were ranked at 168 and 174, followed by Nepal at 175.