Data & Insights on Sri Lanka's State Enterprises

Free and open access to data, analysis and evaluation of the performance of State Owned Enterprises in Sri Lanka.

The State of State enterprises in Sri Lanka

State Owned Enterprises (SOEs) play a significant role in the country’s economy .The continued underperformance of many State Owned Enterpises have accumulated enormous losses, even to the point of destabilising public finances. Our SOE dashboard will analyse the complexity of the problem and emphasise the urgency of reforms.

52 Strategic SOEs

Rs 1.8 Trillion Total SOE Debt (Includes only non financial public corporations) as at 2021

Rs 1.5 Trillion Total Cumulative Losses (2007 to 2021)

Rs 1.5 Trillion+ Total Cumulative Profits (2007 to 2021)

Newswire

Read our latest stories on State Owned Enterprises

Sri Lanka’s Litro Gas sale draws Vitol, Bharat Petro, China Aero among 14 investors

Fourteen investors have expressed interest in the divestiture of Litro Gas Lanka Ltd and Litro Gas Terminal (Pvt) Ltd, Sri Lanka’s State Owned Enterprises Restructuring Unit said. Read more on Economy Next

SriLankan Airlines state bank debt of $210mn and Rs31.4bn to tax payer

The government has decided to take over 210 million in dollar loans and 41.4 billion in rupee loans taken by SrilLankan Airlines from state-run Bank of Ceylon and Peoples’ Bank, Sri Lanka’s State-Owned Enterprises Restructuring Unit said. According to a March 04 cabinet decision the following loans will be take over by the government. 105 […]

Euro Exim Bank, Fairfirst interested in Sri Lanka Insurance

Five local and international investors have responded to a request for proposals to divest Sri Lanka Insurance, the island’s State Enterprises Restructuring Unit said. LIC (Lanka) Limited, Union Assurance PLC and Asiri Hospital Holdings PLC have responded to the sale of Sri Lanka Insurance Corporation Life Limited. Euro Exim Bank Limited, Fairfirst Insurance Limited, have […]

Sri Lanka’s Hilton Colombo ready for private investment: state minister

Sri Lanka’s Hilton Colombo is ready for private sector investment, with four businessmen already expressing interest, State Minister for Urban Development and Housing Arundika Fernando said. However, securing the expected financial investment for the project’s success is essential, Fernando told reporters on Wednesday March 06. Meanwhile, progress on the Hyatt Hotel, which falls under Fernando’s […]