Supporting Accelerated Investment in Sri Lanka (SAIL) Project Quarterly Progress Report FY19-Q2

The project is implemented by International Development Group LLC and is part of the larger USAID/Sri Lanka's Support for the Sri Lankan Reform Agenda (SSLRA) project. The SAIL Project's goal is to support the Government of Sri Lanka's (GSL) economic reforms, which aim to improve the business enabling environment with a particular focus on the environment that affects FDI. The project is providing expert advice on legislative and regulatory reform to attract and retain FDI, as well as analysis and recommendations to improve institutions, laws, and the regulatory environment. Project activities primarily focus on providing technical assistance to improve the business enabling environment, promote FDI, and develop institutional and individual capacity. The project has supported three major technical areas: labour law reform, enforcing contracts, and streamlining of investment approvals. During the first year of operations, the project supported the implementation of labour law reform, enforcing contracts, and streamlining of investment approvals. The focus of efforts began in most cases with some form of assessment, leading to recommendations and then the implementation of agreed reforms. Capacity building was also included to support the implementation of the reforms. In Year 2, the project continued to build on the successes achieved in Year 1, focusing on labour reform, enforcing contracts, and streamlining investment approvals. During the first quarter of Year 3, the project continued its work on labour reform, streamlining investment approvals, and began implementing new activities aimed at supporting international trade liberalization. However, progress slowed down during the political transition at the end of the quarter. The project is expected to continue its work on labour reform, streamlining investment approvals, and implementing new activities aimed at supporting international trade liberalization. The SAIL Project is building on activities already agreed upon, such as those being implemented by the World Bank. The project is providing technical assistance to improve the business enabling environment, promote FDI, and develop institutional and individual capacity. The project's activities are focused on improving the business enabling environment, promoting FDI, and developing institutional and individual capacity. The project's quarterly progress report covers the period from January 1 to March 31, 2019, which is the second quarter of FY2019, and the third year of operation of the project. The report provides an update on the project's progress, challenges encountered, and proposed solutions. The report also includes lessons learned, planned activities for the next quarter, and SAIL deliverables planned for the next quarter. The SAIL Project is expected to continue its work on labour reform, streamlining investment approvals, and implementing new activities aimed at supporting international trade liberalization. The project's progress will be closely monitored, and challenges encountered will be addressed through proposed solutions. The project's ultimate goal is to support the GSL's economic reforms and enhance the business enabling environment in Sri Lanka to attract and retain FDI.