Gautam Adani’s masterstroke beyond India! This company becomes largest contributor of FDI in…, during first…
GH News October 21, 2025 07:06 PM
The Colombo West International Terminal (CWIT) became the single largest contributor to Sri Lanka’s Foreign Direct Investment (FDI) inflows in the first nine months of this year with an investment of USD 229 million in advanced port infrastructure the Board of Investment (BOI) said on Tuesday. The CWIT is a joint venture between Adani International Port Holdings Pte Ltd (India) John Keells Holdings PLC and the Sri Lanka Ports Authority. According to the BOI total FDI inflows including foreign commercial loans for BOI-approved enterprises reached USD 827 million between January and September 2025 representing a 138 per cent surge over the same period last year. Adani International Port’s CWIT’s Investment In Sri Lanka The CWIT’s USD 229 million investment was made under a strategic development agreement for constructing state-of-the-art port facilities the BOI added. It will expand the port’s capacity by 3.2 million twenty-foot equivalent units (TEUs) reinforcing Colombo’s role as a key transshipment hub in South Asia the BOI added.  Giving a breakdown the BOI said the investment inflow came from four sources: equity capital – USD 133 million reinvested retained earnings – USD 132 million intra-company foreign borrowings for investments – USD 231 million long term foreign commercial loans for investments – USD 331 million. Of the total inflows USD 124 million was secured through project agreements signed with the BOI in 2025 while the balance was generated from reinvestments and expansions by existing enterprises. “The growth of foreign capital inflows to USD 827 million in the first nine months of 2025 demonstrates the renewed confidence investors have in Sri Lanka’s business environment board chair Arjuna Herath said. Both new and existing projects have contributed to this impressive performance underscoring the impact of reforms and ease of doing business initiatives implemented by the Government and the BOI” Herath added.  (With Inputs From PTI)
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