Sub Committee on investment promotion to be appointed

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The Cabinet has granted approval to appoint a Ministerial Sub Committee on Investment Promotion.

The Committee, to be headed by the President, will be tasked with attaining the government’s investment goals and identifying related investment opportunities and will aim to provide technical and policy decisions related to specific investment areas.

Other members of the Committee are to be the Prime Minister, Ministers and State Ministers.

The Cabinet paper with the proposal was furnished by President Gotabaya Rajapaksa. 

Further, the Cabinet has approved the appointment of an additional committee headed by the Secretary to the President comprising relevant Secretaries and other government officials to support the actions of the Committee.