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Home » Goodnews Stories Srilankan Expats » Articles » Sri Lanka Indicates a New Epoch of Stability, Sustainability, and Confidence Among Investors-by Harold Gunatillake
ArticlesDr Harold Gunatillake

Sri Lanka Indicates a New Epoch of Stability, Sustainability, and Confidence Among Investors-by Harold Gunatillake

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Last updated: August 23, 2026 5:48 pm
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Sri Lanka Indicates a New Epoch of Stability, Sustainability, and Confidence Among Investors-by Harold Gunatillake

Dr Harold Gunatillake

Contents
  • Sri Lanka Indicates a New Epoch of Stability, Sustainability, and Confidence Among Investors-by Harold Gunatillake
  • A Country Emerging from Crisis—With Momentum
  • A Future Free from Power Interruptions: The National Energy Strategy
  • Investment with integrity: establishing a new benchmark for the region.
  • Rebuilding With Responsibility
  • A Message to the Global Community: Sri Lanka Is Prepared

Sri Lanka Indicates a New Epoch of Stability-eLanka

Sri Lanka is entering a pivotal new chapter characterised by economic resilience, sustainable development, and a steadfast commitment to long-term, transparent investment partnerships. During her address at the Asia-Pacific SDG Investment Forum in Colombo, Prime Minister Harini Amarasuriya articulated a vision that positions the nation as an emerging leader in responsible growth within the region.

Her message was clear: Sri Lanka is in the process of rebuilding, stabilising, and preparing for a future devoid of power outages, economic instability, and opaque investment practices.

Conversely, the country is adopting a development model rooted

in transparency, human rights, environmental sustainability, and equitable prosperity.

A Country Emerging from Crisis—With Momentum

Following a challenging period characterised by economic contraction and energy insecurity, Sri Lanka has commenced a process of stabilisation.

The Prime Minister observed that:

  • Economic growth attained 5% in 2025,
  • Gross Domestic Product (GDP) increased to USD 8 billion,
  • Furthermore, investor confidence is gradually being

These figures are not solely numerical—they signify a fundamental structural transformation. Sri Lanka is transitioning from superficial remedies to a comprehensive, long-term development strategy, in which growth is assessed not solely by GDP but also by employment generation, community improvement, and expanded opportunities.

Amarasuriya underscored that the government’s objective extends beyond merely ‘increasing indicators’; it aims to reshape the economic landscape so that all Sri Lankans benefit from progress.

A Future Free from Power Interruptions: The National Energy Strategy

One of the most significant commitments highlighted is Sri Lanka’s plan to permanently eliminate power cuts. This is more than an infrastructure upgrade—it is a strategic economic guarantee.

Reliable energy is the backbone of manufacturing, tourism, digital services, and foreign investment.

The government’s plan includes:

  • Rapid expansion of renewable energy capacity,
  • Modernisation of the national grid,
  • Incentives for private-sector clean energy investment,
  • Regional energy partnerships to ensure supply

A future without power cuts signals to global investors that Sri Lanka is ready for uninterrupted production, reliable operations, and long-term industrial growth.

Investment with integrity: establishing a new benchmark for the region.

At the Forum, Amarasuriya made a clear pledge: Sri Lanka remains open to transparent, long-term investment—but only to partners who uphold human rights, protect the environment, and contribute to equitable growth.

This marks a shift from past eras when investment was often pursued at any cost.

Today, Sri Lanka is aligning itself with global ESG standards and the Sustainable Development Goals (SDGs).

The prime minister highlighted the global financing gap:

  • Developing countries face an annual shortfall of USD 5–4 trillion to meet SDG targets.
  • The Asia-Pacific region alone accounts for USD 5 trillion of that gap. Sri Lanka’s strategy is to attract investors who are not merely profit-driven, but purpose-driven—those who see value in building resilient communities, sustainable industries, and inclusive growth.

Rebuilding With Responsibility

Sri Lanka’s recent recovery has been deliberately cultivated through strategic measures, including fiscal discipline, transparent restructuring, enhanced monetary governance, and a renewed emphasis on social protection.

The government has committed substantial support to the business sector; however, it maintains a clear expectation that investments should prioritise societal upliftment over mere financial gain.

This methodology aligns closely with the expectations of global investors who are progressively seeking stable, ethical, and forward-looking markets.

A Message to the Global Community: Sri Lanka Is Prepared

 

Sri Lanka’s new trajectory sends a compelling signal to the international community:

  • The nation possesses
  • The economy demonstrates
  • Energy security is
  • Governance is becoming increasingly
  • Investment is aligning with global sustainability

For investors, development partners, and the Sri Lankan diaspora, this represents a renewed sense of confidence.

Sri Lanka is not merely recovering; it is transforming.

The international community observes a nation that has endured hardships but is now charting a course toward sustainable prosperity, responsible investment, and a future in which all citizens benefit from growth.

End




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Kamzy Gunaratnam: From Jaffna Refugee to Norway’s Minister of Transport Kamzy Gunaratnam has been appointed Norway’s Minister of Transport. Image credit: Colombo Times. The appointment of Kamzy Gunaratnam as Norway’s new Minister of Transport represents a proud and historic development for Sri Lankan Tamils and the wider global Sri Lankan community, marking the latest stage in a remarkable public-service journey that began in Jaffna and continued through refugee resettlement, local government and national politics in Norway. Gunaratnam, a Norwegian Member of Parliament of Sri Lankan Tamil heritage, formally assumed the ministerial position at 12 noon on 11 September 2026, following a cabinet reshuffle by the government led by Norwegian Prime Minister Jonas Gahr Støre. She succeeds Jon-Ivar Nygård, who stepped down from the portfolio. The appointment places Gunaratnam at the head of one of Norway’s most important public sectors, with responsibility for roads, railways, public transportation and wider transport infrastructure. The position carries substantial national significance in a country where reliable mobility, regional connectivity and environmental sustainability are closely connected to economic development and social inclusion. A journey from Jaffna to Norway Kamzy Gunaratnam was born in Jaffna, Sri Lanka, in 1988. When she was three years old, she left the country with her parents and moved to Norway as a refugee, fleeing the civil war that had caused prolonged hardship and displacement across Sri Lanka. Her early circumstances were therefore shaped by uncertainty and relocation, yet the subsequent course of her life demonstrates the capacity of education, civic participation and public service to transform personal challenges into national leadership. From a young age, Gunaratnam became actively involved in politics and public affairs. Her engagement developed within Norway’s democratic institutions, where she gradually established herself as a prominent representative of the Labour Party and as a voice for inclusive public policy. Her story is significant not merely because of the senior office that she now holds, but also because it illustrates the many stages through which a person can contribute to a new country while retaining a meaningful connection with their family heritage. Her experience reflects the resilience of Sri Lankan families who have established new lives across the world and who continue to participate constructively in the societies in which they live. Leadership in Oslo Between 2015 and 2021, Gunaratnam served as Deputy Mayor of Oslo, Norway’s capital and largest city. The role provided extensive experience in local government, municipal administration and the practical delivery of services affecting residents in their daily lives. Oslo is a complex urban centre in which transport, housing, environmental policy, public safety and social inclusion are closely interrelated. Experience within the city administration would have required an understanding of how public decisions affect communities across different neighbourhoods, as well as the importance of long-term planning in a rapidly changing metropolitan environment. Gunaratnam’s years as Deputy Mayor also established a foundation for her later work in national politics. Local government frequently provides the most direct encounter with public concerns, since roads, public transport, urban development and essential services are experienced by residents at close range. Her transition from municipal leadership to national office was confirmed at the 2021 Norwegian parliamentary election, when she was elected to the Storting, Norway’s national parliament, as a candidate for the Norwegian Labour Party. Election to the Storting The Storting is Norway’s central legislative institution, and election to the parliament represents a significant public mandate. Gunaratnam’s arrival in the national legislature placed her within the country’s principal forum for shaping laws, approving public expenditure and scrutinising government policy. Her parliamentary career has been viewed in the context of her long-standing commitment to environmental sustainability and public transportation. Those areas are particularly relevant to Norway’s future, as the country continues to consider how infrastructure can support economic activity while reducing environmental pressures and improving access for communities across urban and regional areas. The transport portfolio is broad and demanding. It encompasses the maintenance and development of roads, the operation and expansion of railway networks, public transport systems and major infrastructure projects. Decisions within the ministry can influence commuting patterns, regional opportunity, freight movement, road safety and the ability of citizens to access employment, education and essential services. For Gunaratnam, the new appointment brings together several strands of her previous experience: municipal leadership in Oslo, parliamentary service, environmental advocacy and an established interest in public transportation. These responsibilities will now be applied at a national level. Sustainability and public transport Norway’s geography gives transport policy particular importance. The country extends across a long and varied landscape, encompassing major cities, coastal communities, mountainous areas and remote regions. 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Roads and railways are visible elements of the portfolio, but the underlying objective is the creation of a connected society in which people and goods can move safely, efficiently and sustainably. A source of pride and inspiration Gunaratnam’s appointment has been welcomed as a major achievement by Sri Lankan Tamils in Norway and by Sri Lankans around the world. Her life story, from a childhood shaped by forced migration to a senior position in the Norwegian Government, offers an especially powerful example of perseverance and civic contribution. The achievement also highlights the breadth of Sri Lankan talent in international public life. Across Australia, the United Kingdom, Canada, the United States, New Zealand, Europe and the Middle East, Sri Lankan professionals and community members continue to contribute to government, business, education, medicine, technology, the arts and public administration. 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If we have used an image you own and you’d like it removed, please email us at info@elanka.com.au and we’ll handle it promptly.

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