Sri Lanka has officially launched the second phase of its initiative to offer underutilized state plantation lands and assets for investment, marking a key step in efforts to transform dormant public assets into productive economic opportunities.
The program, introduced under the 2025 Budget by President Anura Kumara Dissanayake, aims to improve land productivity, attract investment, and support regional economic development across the country.
According to Deputy Minister Chathuranga Abeysinghe, the latest phase includes investment opportunities involving plantation lands, tea factories, bungalows, agro-tourism zones, renewable energy projects, and value-added agricultural ventures.
The opportunities are spread across several districts, including Kandy, Matale, Nuwara Eliya, Badulla, Monaragala, Kegalle, and Galle.
Key sectors identified under the program include agricultural tourism, spice cultivation, renewable energy, tourism development, plantation modernization, and value-added manufacturing.
The available assets have been categorized into different scales, ranging from large estates exceeding 100 hectares to smaller strategic land plots, as well as existing industrial facilities such as tea factories and plantation bungalows.
The initiative is open to both local and foreign investors, while Sri Lankan individuals and legally established entities are also eligible to participate in long-term development partnerships.
The Government expects the program to help unlock regional economic potential, generate employment opportunities, modernize plantation economies, encourage sustainable investment, strengthen export-oriented industries, and promote the integration of tourism and renewable energy projects.
Further details on the investment opportunities are available through the procurement section of the Plantation Ministry’s official website, the Deputy Minister said. (Newswire)