In a bold statement on national television, Member of Parliament Lakmali Hemachandra declared that Sri Lanka has secured the largest foreign direct investment in its history the massive $3.7 billion Sinopec energy project without borrowing a single dollar.
Speaking on a program aired by Sirasa Channel, Hemachandra emphasized that this achievement belongs solely to the current administration. “There was no agreement with previous governments,” she asserted. “It’s false to claim we haven’t attracted investment we brought in the biggest one ever.”
The lawmaker passionately dismissed criticism that the government is running the country on borrowed money. “This government hasn’t taken a single loan for this project,” she said. “If running a country means racking up debt, then what kind of leadership is that?”
The Sinopec deal, involving a Chinese energy giant’s entry into Sri Lanka’s petroleum and refinery sector, has been hailed as a potential game-changer for the economy. Lakmali’s comments appear aimed at silencing critics who have accused the administration of failing to attract new capital or deliver economic recovery.
As public debate grows over transparency, ownership terms, and long-term benefits of such massive investments, Lakmali Hemachandra’s declaration has thrown down the gauntlet claiming not only a historic win, but one made without dipping into the country’s debt trap.
