SriLanka, Oct. 20 -- Sri Lanka aims to increase the share of land allocated for industrial activities from the current 0.03 percent to at least one percent by 2030, as the government seeks to attract more investment, expand industrial production and support business growth while safeguarding the environment, Industry and Entrepreneurship Development Minister Sunil Handunnetti said.

Speaking at Presidential Environment Awards Ceremony 2026, at the BMICH, Colombo, Handunnetti said the land shortages remained a major obstacle to industrial expansion, despite the growing investor interest in Sri Lanka.

He said many local industrialists and entrepreneurs operated their businesses on limited land, restricting their ability to expand the opera...