Ceylon Chamber says Budget 2027 could have done more to draw foreign investment

Sri Lanka's largest private sector body, the Ceylon Chamber of Commerce (CCC), said Budget 2027 could have done more to attract foreign direct investment. It called for faster land and labour reforms and changes to public procurement to speed up project delivery.

The CCC said the budget kept fiscal discipline and carried forward reforms from 2026, giving businesses greater policy certainty. It said more targeted measures for tourism, agriculture, IT and business process outsourcing, and logistics would have helped the economy move toward investment-led growth. The chamber noted that more than 20 of its proposals were reflected in the budget, including a professionally managed investment promotion agency.

The CCC said the priority now is effective and timely implementation so that policy commitments turn into investment, competitiveness, exports and sustainable growth.