Sri Lanka, Aug. 13 -- The government has announced plans to invite private investments, including those from Small and Medium-sized Enterprises (SMEs), to make use of underutilised lands owned by government institutions for economically viable projects.

During a weekly Cabinet press briefing yesterday (12), Cabinet spokesman and Mass Media Minister Dr.Nalinda Jayatissa explained that the initiative will focus on underutilised lands and properties managed by the Land Reform Commission, Divisional Plantation Companies, National Livestock Development Board, Sri Lanka State Plantations Corporation and Janatha Estates Development Board.

He added that this initiative was proposed as part of the 2025 budget and aims to create investment opport...