Investment Promotion Ministry gets three new institutions

(FASTNEWS | COLOMBO) – President Gotabaya Rajapaksa has issued an Extraordinary Gazette Notification bringing three institutions under the purview of the Ministry of Investment Promotion.

Accordingly, the Rakna Arakshaka Lanka Limited, which was previously under the purview of the Ministry of Defence, has been brought under the purview of the Investment Promotion Ministry.

Meanwhile, Selendiva Investments Limited and Hotel Developers (Lanka) Pvt Limited were also vested under the Minister of Investment Promotion.

Selendiva Investments Ltd. and Hotel Developers (Lanka) Pvt Ltd. were previously under the purview of the Ministry of Urban Development and Housing.