Tokyo Pushes Colombo for Effective Single -Window Investment System

COLOMBO (News 1st); The single window for investment approvals, long discussed in Sri Lanka, should be established at the earliest, says Japanese Ambassador to Sri Lanka, Akio Isomata. 

He emphasized that while creating such a system is important, its effective implementation will matter even more.

Speaking on Sri Lanka’s economic direction, Ambassador Isomata said he has been encouraged by the country’s progress over the past one and a half years since his arrival, noting that Sri Lanka is making steady progress in recovery and stabilization even after the heavy damage caused by Cyclone Ditwah. 

He pointed out that a recent survey released by a local research institute shows solid improvement in public perception of the economy and its outlook, calling it a positive signal.

However, he stressed the need to think ahead and deepen discussions. He noted that while the Sri Lankan government’s anti‑corruption efforts are both important and encouraging, and essential for attracting foreign investment, they serve only as a prerequisite.

Looking toward long‑term development, Ambassador Isomata said Japan hopes to see Sri Lanka articulate a clear economic development strategy for sustainable growth, including diversification of export products and markets.

He added that Japanese investors would benefit from Sri Lanka identifying sector‑wise industrial promotion policies, ideally presented as clear roadmaps.

The Ambassador reiterated Japan’s desire to see Sri Lanka move forward with the long‑awaited single‑window system for investment approval, highlighting that establishing the system is only the first step, and its effective execution will be essential.