{"id":182,"date":"2020-12-16T14:04:32","date_gmt":"2020-12-16T14:04:32","guid":{"rendered":"https:\/\/chinanews.lk\/?p=182"},"modified":"2020-12-16T14:04:33","modified_gmt":"2020-12-16T14:04:33","slug":"chinese-investments-to-dominate-sri-lankas-fdi-inflows-in-2021","status":"publish","type":"post","link":"https:\/\/chinanews.lk\/index.php\/2020\/12\/16\/chinese-investments-to-dominate-sri-lankas-fdi-inflows-in-2021\/","title":{"rendered":"Chinese Investments to Dominate Sri Lanka&#8217;s FDI inflows in 2021"},"content":{"rendered":"\n<p>Sri Lanka eyes to meet atleast half of the 2021 Foreign Direct Investment (FDI) targe of $2.5  billion from Chinese investments.<\/p>\n\n\n\n<p>&#8220;We have already got commitments for Colombo Port City at a range of about $1 billion and that\u2019s very real, at least we expect $175 million inflows to Chinese tire plant in Hambanthota and around $200 million inflows to pharmaceutical and education sectors,\u201d State Minister for Money &amp; Capital Market and State Enterprise Reforms Ajith Nivard Cabraal said.<\/p>\n\n\n\n<p>Colombo Port City project funded by China Communications and $300 million tire plant by Shandong Haohua\u00a0<em>Tire<\/em>\u00a0Co. Ltd are projects under China&#8217;s Belt and Road Initiative (BRI).<\/p>\n\n\n\n<p>Joining a forum at the 4th Annual Asia Securities Sri Lanka Investment Conference today, the State Minister revealed that the government has set a &#8216;realistic&#8217; $2.5 billion FDI target for 2021.<\/p>\n\n\n\n<p>The country is set to miss the FDI target of $2.5 billion set for 2020, mainly due to COVID-19 pandemic, despite \u00f2ffering a range of incetive for investments. <\/p>\n\n\n\n<p>In the first six months of 2020, Sri Lanka attracted $ 345 million in FDI inflows, compared to US$ 535 million received in the same period last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lanka eyes to meet atleast half of the 2021 Foreign Direct Investment (FDI) targe&#8230;<\/p>\n","protected":false},"author":1,"featured_media":183,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[44,39,29,2],"tags":[55,57,47,48,54,56],"_links":{"self":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts\/182"}],"collection":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/comments?post=182"}],"version-history":[{"count":0,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts\/182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/media\/183"}],"wp:attachment":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/media?parent=182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/categories?post=182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/tags?post=182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}