UAE Investors Explore Opportunities in Sri Lanka's Ports and Technology

Sep 3, 2026

86 min

Sep 3, 2026 06:30

UAE investors eye Sri Lanka ports, logistics, food security and technology opportunities

## Expanding Trade Relations

UAE investors are showing interest in Sri Lanka's ports, logistics, and technology sectors as bilateral trade between the two nations reached $1.1 billion in 2025. Key projects like Port City Colombo and Trincomalee are seeking investment to enhance their infrastructure and economic zones.

## Promising Sectors for Investment

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, highlighted logistics and free zones as attractive investment areas. Port City Colombo is becoming a hub for finance and technology, while Trincomalee Port aims to expand its capacity. Beyond infrastructure, Sri Lanka offers opportunities in technology, tourism, and manufacturing.

## Food Security and Agriculture

Sri Lanka is also targeting UAE investment in agriculture, proposing a model where UAE companies produce food in Sri Lanka for export back to the Emirates. This initiative is part of Sri Lanka's strategy to diversify its exports beyond traditional products like apparel and tea.

## Technology and Pharmaceuticals

The technology and pharmaceutical sectors are also on the radar for UAE investors. Sri Lanka is encouraging technology companies to establish operations locally while maintaining a presence in the UAE. The country is also looking to reduce its reliance on imported pharmaceuticals by attracting investment in local manufacturing.

## Investment Safeguards

To attract foreign investment, Sri Lanka has implemented measures like the 2024 Investment Promotion Act and a bilateral investment treaty with the UAE. These frameworks aim to protect foreign investments and ensure economic stability.

## Tourism and Economic Partnerships

Sri Lanka is keen to boost tourism from the UAE, particularly targeting Emirati travelers and large-scale events like weddings. The country is also working on deeper economic agreements to enhance trade and investment flows between the two nations.

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