The Free Trade Zone Manufacturers Association (FTZMA) has called on the Government to extend the electric vehicle import license for foreign investors registered with the Board of Investment to boost ‘quality FDIs’.

In a letter addressed to BOI Director-General Renuka Weerakone, the FTZMA has proposed the Government extend a similar benefit to the foreign investors who are operating under the purview of BOI to import electric vehicles which would be of an additional benefit to them to attract more FDIs and to be resilient during the ongoing economic crisis.

“We are of the opinion that foreign investors those who bring in FDIs into the country are also equally contributing to the economy, as they foster and maintain economic growth by not only creating job opportunities to ease the unemployment in the country but also bring in much needed foreign exchange into the country,” FTZMA pointed out.

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