Sri Lanka, Sept. 28 -- The Government has issued new regulations, published in a Gazette on the 20th of September under the Colombo Port City Economic Commission Act, that introduce tiered exemptions and incentives for investors.

These new rules designate Primary Businesses of Strategic Importance under four investment categories.

Category A requires a minimum investment of USD 100 million per land plot (or proportionate investment) and the creation of at least 300 jobs.

Category B applies to those with an investment of USD 500 million and a minimum of 300 jobs.

Category C requires a minimum investment of USD 1 billion per plot with at least 300 jobs, while Category D targets a minimum investment of USD 25 million in Marina or Social ...