Foreign direct investment in the Northern Province fell to its lowest level in ten years in 2023, according to government data. The figures contradict repeated official claims that the north is open for business and that post-war development is a priority. Investors cite land tenure uncertainty, poor infrastructure, bureaucratic obstacles, and the lingering presence of military-run commercial enterprises as deterrents.
Northern Sri Lanka Sees Lowest Foreign Investment in a Decade
Despite government pledges to prioritise post-war development, foreign investors continue to overlook the north and east.
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