In a groundbreaking move, the Securities and Exchange Commission (SEC) has given its approval to a regulatory framework facilitating the issuance and listing of Infrastructure Bonds on the Colombo Stock Exchange (CSE).
This significant decision is poised to attract both domestic and international investments, bolstering infrastructure projects vital for the economic advancement and overall prosperity of the country.
The SEC emphasized that Infrastructure Bonds play a crucial role in raising capital for essential projects such as roads, railways, water management, waste management systems, airports, seaports, mixed development initiatives, natural disaster protection systems, deep-water ports, gas supply systems, utility projects, and telecommunications infrastructure.
Recognizing the integral connection between these projects and economic growth, the SEC underscored the necessity for Sri Lanka to establish a robust market for Infrastructure Bonds, thereby securing the long-term capital required for advancing key infrastructure ventures.
