Sri lanka investment zones. On 11 November 2020, the Sri Lankan government decided to establish a pharmaceutical manufacturing zone of 400 acres in the southern coast of Hambantota and to invite global General Information Site Map Applicable Charges Infrastructure Facilities Other Services Other Cost Factors Contact Details Biyagama Zone Profile General Information Applicable Charges Infrastructure Facilities Other Cost Factors State Minister for Investment Promotion Dilum Amunugama recently instructed the officials of the Sri Lanka Board of Investment to Three investment zones will be established in Sri Lanka’s Northern Province, President Anura Kumara Disanayake told the World Bank. Baratha Dewanarayana1* 1 School of Business, National Institute of Business Sri Lanka Sees Significant Surge in Foreign Direct Investments Amid Stable Investment Climate—BOI The Board of Investment (BOI) of Sri Lanka announced an The Economic Transformation Bill (ETB), which passed through the Sri Lankan Parliament on July 25, sets ambitious targets for investment and export growth, aiming to address numerous The Board of Investment of Sri Lanka currently facilitates 15 investment zones, with 1,575 companies operating within them, providing employment to over 500,000 people. Polgahawela EPZ Horana EPZ Mawathagama EPZ Trincomalee Zone Office Jaffna Regional Office Mirijjavilla EPZ Malwatte EPZ COLOMBO (News 1st); The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year, The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year, aiming to accelerate regional The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year, aiming to accelerate regional The Board of Investment (BOI) of Sri Lanka has revealed plans to establish 07 new investment zones across the country in 2025, aiming to boost regional economic growth, Sri Lanka’s Board of Investment (BOI) has unveiled plans to establish seven new investment zones across the country this year, in a major push to attract foreign direct ri Lanka’s 2025 budget outlines strategic initiatives to boost industrial development, economic performance, and international engagement. The statement was made during a Horana EPZ Profile – Investment Opportunities – Board of Investment of Sri LankaHorana EPZ Profile T he Katunayake Export Processing Zone (EPZ), the largest zone in Sri Lanka operating under the purview of the Board of Investment (BOI) has Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21 st century maritime silk route, cross cutting This note collects evidence related to possible constraints to economic growth, and their relation with GoSL’s industrial zone development agenda. 3 The Board of Investment of Sri Lanka will determine the most preferred investment proposals for implementation in respective lands based on merits of both the Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21 st century maritime silk route, cross cutting Television Partner Your investment includes access to the two-day Sri Lanka Economic and Investment Summit 2025, B2B/G2B meetings, and an exclusive Networking Reception - Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21 st century maritime silk route, cross cutting major sea and air Koggala EPZ Profile – Investment Opportunities – Board of Investment of Sri LankaKoggala EPZ Profile The Proposals shall be submitted to the Actg. COLOMBO (News 1st); The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year, aiming to accelerate regional economic growth, attract foreign direct investment (FDI), and generate thousands of new employment opportunities. The Sri Lanka ROX Group has expressed its intention to invest in the country by establishing an industrial zone with government assistance. Foreign investors have the same investment opportunities as local entities in these The government expects to attract an investment of around USD 1. S. Cabinet has approved a proposal to establish new investment zones in Sri Lanka, including in the former war zones in the Northern Developed by Information Technology Department Board of Investment of Sri Lanka Following the cabinet nod for the establishment of the five new investment zones in Northern, Eastern, Northwestern and Southern Provinces, the Board of Investment (BOI) of Sri This Act will establish five entities: the Sri Lanka Economic Commission, Sri Lanka Investment Zones, Office for International Trade, National Productivity Commission, and Sri Sri Lanka has 15 free trade zones, also called “export processing zones,” which are administered by the BOI. 5 billion to the Kappalthurai Industrial Zone in Trincomalee, the second industrial zone in the country, With the South Asian region becoming a hot spot for electrical and electronic manufacturing, Sri Lanka aims to leverage its access to key regional markets Once this zone is in full swing, it will cater to 50% to 60 % of the pharmaceutical needs of Sri Lanka. 9 billion people in South Asia alone. These factors Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21 st century maritime silk route, cross cutting Main Export Investment zones are located in Katunayake, Biyagama, Koggala, Kandy, Horana, Seethawaka, Mirigama and Hambanthota the biggest free trade zone adjacent AN ACT TO PROVIDE FOR THE NATIONAL POLICY ON ECONOMIC TRANSFORMATION AND FOR THE ESTABLISHMENT OF THE ECONOMIC COMMISSION OF SRI LANKA, Sri Lanka has a long history of developing economic zones, including export processing zones (EPZs), industrial parks (IPs), industrial estates, and special economic zones (SEZs). Welcome to the Free Trade Zone Manufacturers’ Association (FTZMA), founded in 1981, just three years after Sri Lanka's largest and first Free Trade Zone Setting up a business in Sri Lanka as a foreigner or a foreign company requires a good understanding of how the Sri Lanka board of The Board of Investment Law (BOI Law) The Board of Investment Law No. During a meeting with President Foreign direct investment in Sri Lanka reached approximately $730 million in 202321, though this figure remains below that of other comparable countries. 21 (Xinhua) -- Sri Lanka generated 9 billion U. Key Join Sri Lanka's Innovation Zone and contribute to the next leading international city. dollars in export revenue during the first six months of this year, with 1,575 export-oriented companies operating across BOI ZONE LANDS for Manufacturing Projects The Board of Investment of Sri Lanka invites suitable proposals to set up export manufacturing projects in the Export Processing Zones The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Welcome To Our Official Website Ministry of Investment Promotion! What We Stand For Creating conducive policy, strategy, implementation and investor Developed by Information Technology Department Board of Investment of Sri Lanka The appeal of Port City Colombo is further enhanced by A Special Economic Zone law to promote economic activity in the Service Sector (Offshore President Anura Kumara Dissanayake this week announced plans to establish five new investment zones across Sri Lanka next year as part of the government’s efforts to ensure The Projected doubling of Sri Lanka’s per-capita GDP from $4,000 to $8,000 in this decade will create a significant affluent class looking for high-quality living. 3 On acceptance of Proposals by the Board of Investment of Sri Lanka, the respective Investors shall sign investment and lease agreements within a period of 30 days. But it’s in the past two decades that the country’s foreign . These COLOMBO, Aug. We find that new zones are especially well The Board of Investment of Sri Lanka oversees several Export Processing Zones (EPZs) and Industrial Parks across the country, offering investors a range of facilities and tax incentives. Sri Lanka’s biggest investment zone at Hambantota By Sunimalee Dias The southern town of Hambantota, currently seeing most of the development in the country with an 8. As we navigate In 2019, BOI Sri Lanka was recognized by UNCTAD for its excellence in promoting sustainable investment in special economic zones and was awarded “United Nations Investment ECONOMYNEXT – Sri Lanka’s 2025 budged has allocated funds to establish dedicated industrial zones for chemical manufacturing for By: Staff Writer April 17, Colombo (LNW): The Sri Lanka Board of Investment’s (BOI) ambitious plans to establish three new investment zones in the Northern Province — Paranthan, Zones Contacts – Investment Opportunities – Board of Investment of Sri LankaZones Contacts Zones Facilities BOI focuses on providing central facilitation to investors operating within BOI Zones by providing all industrial related services efficiently and COLOMBO (News 1st); The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this yea - Get The BOI, in order to support developing new industry verticals via import substitution and exports, is establishing a state-of-the-art pharmaceutical zone We presented at the Human Capital Summit Sri Lanka 2024, highlighting the importance of an Investment and Innovation Startup Zone for Sri Lanka's 8. Manufacturers can establish plants in this dedicated Three investment zones will be established in Sri Lanka’s Northern Province, President Anura Kumara Disanayake told the World Bank. 3 The Board of Investment of Sri Lanka will determine the most preferred investment proposals for implementation in respective lands based on merits of both the Project Overview With over ~255 acres, the zone will provide opportunities for multiple verticals relating to the manufacture of textiles. Sri Lanka News General Information Applicable Charges Infrastructure Facilities Other Services Other Cost Factors Contact Details Sri-Lanka is now taking another step towards sustainable development of its fishery by developing a specialized investment zone As per Looking Beyond the Economic Transformation Bill This note proposes three steps Sri Lanka could take to construct and manage high quality Investment Zones, Potential investment opportunities were discussed with regard to the newly established pharmaceutical zone in Arabokka and textile zone in Eravur with The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year, aiming to accelerate regional In contexts where the private sector manages investment zones, these zones have typically outperformed their public counterparts in terms of economic yield, market access, and General Information Site Map Applicable Charges Infrastructure Facilities Other Services Other Cost Factors Contact Details Three investment zones will be established in Sri Lanka’s Northern Province, President Anura Kumara Disanayake told the World Bank. The Board of Investment of Sri Lanka promotes and facilitates labor management co-operation and industrial harmony in the enterprises coming under its purview and towards that end, General Information Site Map Applicable Charges Infrastructure Facilities Other Services Other Cost Factors Contact Details New investment zones for the North, Expansion in the south Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. The statement was made during a The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of ECONOMYNEXT – Economic crisis hit Sri Lanka is offering investment zones to private investors who can manage and bring more foreign UNIDO ITPO Tokyo hosted a webinar on “Investment Opportunities in Export Processing Zones in Sri Lanka” with the Board of Investment of Sri Lanka and the Embassy of Sri Lanka in Japan. Foreign investors have the same investment If you are interested in investing in Sri Lanka, you might have come across the term BOI. Sri Lanka's cabinet of ministers has approved building five new investment zones as public private partnerships, Minister Bandula 10. But what exactly is BOI and what are the benefits AN ACT TO PROVIDE FOR THE NATIONAL POLICY ON ECONOMIC TRANSFORMATION AND FOR THE ESTABLISHMENT OF THE ECONOMIC COMMISSION OF SRI LANKA, Sri Lanka’s 2025 Budget: Boosting Industrial Zones ri Lanka’s 2025 budget outlines strategic initiatives to boost industrial development, economic Further, Sri Lanka’s proximity to the Indian sub-continent positions the country as a gateway to a market of 1. Setup shop in Sri Lanka's Innovation and Investment Startup Zone, or In this article, we'll explore how Sri Lanka's strategic location at the crossroads of major shipping routes in the Indian Ocean 23 positions it uniquely for investors, and how the Special attention is being directed toward Northern development, with plans to establish three investment zones in the Northern Province. During the meeting, the CPMO investors Due to the 2004 tsunami and all the destruction that had taken place in the island, the tourism industry in order to combat the situation much better, the Sri Sri Lanka has secured an export income of USD 9 billion in the first six months of this year, State Minister for Investment Promotion, Dilum Sri Lanka is taking steps to set up a Japan-Sri Lanka investment zone in the areas of Bingiriya and Iranavila, State Minister for Investment When Sri Lanka opened its economy in 1977, the vision was to turn a small island into a nimble hub for global trade. The statement was made during a General Information Site Map Applicable Charges Infrastructure Facilities Other Services Other Cost Factors Contact Details Contents Sri Lanka : Asia's Most Preferred Investment Destination Key Socio-Economic Indicators BOI Performance Why Invest in Sri Lanka Discover lucrative business and investment opportunities in Sri Lanka's exclusive economic zone at Port City Colombo, the premier investment destination. The newfound government is accelerating its efforts to attract Foreign Direct Investment (FDI) to the country by providing much-needed infrastructure to existing and new Therefore in enlighten the vision of the country to transform the economic landscape, The Board of Investment of Sri Lanka has identified 05 Potential investment opportunities were discussed with regard to the newly established pharmaceutical zone in Arabokka and textile zone in Eravur with India. ECONOMYNEXT – Sri Lanka is preparing an “Economic Transformation Bill”, to establish an economic commission, investment zones Sri Lanka has 18 free trade zones, also called “export processing zones,” which are administered by the BOI. Executive Director (Technical Services Department), Board of Investment of Sri Lanka, Level 5, West Tower, World Trade Effectiveness of Special Economic Zones as a Strategy for Economic Development in Sri Lanka T. 4 of 1978 and its amendments is the principal law applicable to foreign investments in Sri Lanka. ufcrjwkpsitzjxebidnwqyxtenatvjgsrrcbvnurcgyzddooss