Sri Lanka has officially launched the second phase of its initiative to open underutilized state plantation lands and assets for investment, aiming to transform dormant public resources into productive economic opportunities.
The program, introduced under the 2025 Budget by President Anura Kumara Dissanayake, seeks to improve land productivity, attract both local and foreign investment, and promote regional economic development.
According to Deputy Minister Chathuranga Abeysinghe, the latest phase includes investment opportunities in plantation lands, tea factories, bungalows, agro-tourism zones, renewable energy projects, and value-added agricultural ventures.
These opportunities are distributed across several districts, including Kandy, Matale, Nuwara Eliya, Badulla, Monaragala, Kegalle, and Galle.
Key focus areas of the program include agricultural tourism, spice cultivation, plantation modernization, renewable energy development, tourism expansion, and value-added manufacturing.
The available assets range from large estates exceeding 100 hectares to smaller strategic land parcels, as well as existing industrial facilities such as tea factories and plantation bungalows.
The initiative is open to local and foreign investors, as well as Sri Lankan individuals and legally registered entities engaged in long-term development partnerships.
The government expects the program to unlock regional economic potential, create employment opportunities, modernize the plantation sector, strengthen export industries, and integrate tourism and renewable energy development.
Further details regarding investment opportunities are available through the procurement section of the Plantation Ministry’s official website, the Deputy Minister said.
