Supporting Accelerated Investment in Sri Lanka Project
Although the Sri Lankan government pursued reforms to modernize the country’s business environment after the 2015 presidential election, past administrations’ weak systems and processes hindered these efforts. The USAID Supporting Accelerated Investment in Sri Lanka (SAIL) project, with Chemonics as a subcontracted partner, is collaborating with the national government to develop a regulatory environment that is fair for business and encourages foreign direct investment (FDI). Working with the national government to enact economic reform will help improve the country’s World Bank Doing Business indicators and contribute to the steady increase of FDI in Sri Lanka in the years to come.