Amunugama, addressing a press conference on Friday said that the authorities are confident in attracting over US$ 3 billion in investments to the country.

“It is important to note that the investment projects signed in 2023 will be executed this year, though they are not counted as part of this year’s investments,” added Amunugama.

He went on to stress that he can “confidently affirm” that the investment background has significantly improved, showing a 200 percent progress from two years ago, making Sri Lanka favourable for investors.