Tax experts and economists have recommended that Sri Lanka be positioned as an investment destination with the right macroeconomic fundamentals, political stability and policy consistency, in addition to the prevailing practice of providing tax concessions and relief to businesses.

They also note that although it may boost investment in the short run, the provision of tax concessions would reduce government revenue in the long term.

Promoting the island as a gateway to other markets was also highlighted by experts as a method to lure investors.