Boi zones in sri lanka. lk
BOI Sri Lanka | 33,091 followers on LinkedIn.
● Boi zones in sri lanka despite Sri Lanka’s commitment under the ongoing IMF programme to stop this scheme The Government has promised tax exemptions of seven to 25 years to any investor that sets up factories in the Board of Investment’s (BOI) dedicated textile manufacturing zone in Eravur, Batticaloa. They house close to 300 large The Katunayake Export Processing Zone (EPZ), the largest zone in Sri Lanka operating under the purview of the Board of Investment (BOI) has been specially recognized for its reinvestment strategy in the fDi Intelligence’s 2nd largest zone in the country with the largest Common Waste Water Treatment Plant. Sri Lanka too has to adopt initiatives that are compatible with global developments, so as to improve performance. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against 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 the BOI law as well as providing other investor related services. As the apex agency for foreign direct investment in Sri Within Export Processing Zones Outside Export Processing Zones Site Approval Procedure Industrial Siting Policy EIA/IEE Procedures for BOI Industries The Board of Investment of Sri Lanka (BOI) Established in 1978, under the name Greater Colombo Economic Commission, the Board of Investment of Sri Lanka is The Labor Standards and Employment Relations Manual issued by BOI lays down good Industrial Relations principles and practices and sets out the basic terms and conditions of employment to be observed by BOI enterprises operating both within and outside the Export Processing Zones of Sri Lanka. All Rights Reserved. 0 Submission of Proposals Actg. 4 of 1978 and its amendments is the principal law applicable to. 27,468 Companies; BOI Sri Lanka | 32,889 followers on LinkedIn. Here he shares the island’s new FDI roadmap, plans for new free trade zones and BOI’s sustainability push. The following transparent investment laws aim to foster foreign direct investments. Foreign investors/businesses could explore the possibility of setting up operations in one of these industrial zones. This dedicated Pharmaceutical Manufacturing Zone plans to meet 40% of the domestic demand for pharmaceutical products by locally manufactured drugs while creating a What is the BOI Act Sri Lanka? The BOI act of Sri Lanka mainly refers to the Board of Investment Law No. Sewer collection network available up to the boundary of each industrial lot. Fire engines and firefighting equipment supported by hydrant system: Communication Facilities; Local and IDD, facsimile, Internet facilities, SLT and Dialog optical fiber network available. Recommending for dry operations. INVESTMENT POLICY OF SRI LANKA Sri Lanka pioneered in South Asia's economic liberalization over three decades ago. Description Our Contact. Statistics . Understanding the BOI Sri Lanka Minimum Investment: For those contemplating investment under the aegis of BOI Sri Lanka, the minimum investment threshold stands at US$ 250,000, qualifying as a Section Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. located in the following Export Processing Zones. Spanning 190 hectares, this zone attracts global enterprises seeking to capitalize on the incentives, infrastructure, and security provided by the Sri Lankan Executive Director( Zones) at Board of Investment of Sri Lanka · Experience: BoARD OF INVESTMENT OF SRI LANKA · Location: Sri Lanka · 71 connections on LinkedIn. Industrial Relations Department, Level 24, West Tower, World Trade Center, Colombo 01. lk Head of Zones : Mr. 9 billion people in South Asia alone. 75. Home to one of the Top 25 Container Ports in the World, the country is a key port of Established in 1978, under the name Greater Colombo Economic Commission, the Board of Investment of Sri Lanka is one of the foremost investment promotion agencies in South Asia. lk BOI Sri Lanka | 33,091 followers on LinkedIn. Q: What are the key aspects of BOI’s FDI roadmap launched last year? Horana Export Processing Zone Board of Investment of Sri Lanka Tel. 1978 – 2024 Board of Investment of Sri Lanka. However, these zones are largely full (Table 1). These zones also posses the necessary infrastructure facilities to set up an industrial operation. +94-11-2434403 / +94-11-2346131/3 info@boi. Awarded as a green zone in 2012. 0 Pre –Bid Proposal Conference Meeting In this blog post, we will explain what BOI is, how it operates, and how to set up a BOI company in Sri Lanka. Sri Lanka Network Database. Our Contact. Board of Investment of Sri Lanka (Amendment) Act No: 43 1980; Board of Investment of Sri Lanka (Amendment) Act No: 21 1983 The BOI has several industrial zones island wide dedicated for foreign invested companies to set up factories in Sri Lanka. The project or initiative in this location began in 1969. Security lighting. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic Board of investment of sri lanka Vacancy Post of Management Trainee . Chain link fencing, and round the clock security for entire Access to BOI Zones – BOI Zones offer unique advantages, including infrastructure and logistical support, to amplify business operations. After just nine months as director general, Sanjaya Mohottala was appointed chairman of Sri Lanka’s Board of Investment (BOI) in late 2020. As the apex agency for foreign direct investment in Sri Lanka, there are over 1,600 enterprises under the purview of BOI in the span of its 40 years in operation. Name: Senaka Abeysekara: Designation: Senior Deputy Director: Office Tel +94 47 2258800: Mobile +94 76 4803197: E-Mail: senakaa@boi. If you are interested in investing in Sri Lanka, you might have come across the term BOI. 2 access points to Southern Expressway. 00 per acre per annum: Water Charges: Rs. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic Commission, the Board of Investment of Sri Lanka is one of the foremost investment promotion agencies in South Asia. 1978 – 2024 Board of Investment of Sri Lanka Download scientific diagram | - The Board of Investment in Sri Lanka’s interactive map showing the location of Export Processing Zones in Sri Lanka in 2014* Source: BOI (2014) *Reproduced with Horana Export Processing Zone (EPZ) is a vital industrial hub in Sri Lanka, covering 181 acres of land dedicated to manufacturing and other industrial activities. Q: How do Sri Lanka’s network of free zones serve the country and investors? A: BOI is the landlord of each zone and they are directly managed by us. While keeping traditional markets as they are, Sri Lankan presence in the global market should expand. 034-2269752, 077-7286751 12. BOI has several centres for The Katunayake Export Processing Zone (EPZ), the largest zone in Sri Lanka operating under the purview of the Board of Investment (BOI) has secured a special honorable mention for its reinvestment strategy in the fDi United Nations Industrial Development Organisation (UNIDO) ITPO Tokyo hosted a webinar on “Investment Opportunities in Export Processing Zones in Sri Lanka” with the Board of Investment of Sri Lanka (BOI) and the Embassy of Sri Lanka in Japan recently, supported by Japan External Trade Organisation (JETRO). New concessions declared by Govt. New manufacturers coming to Sri Lanka must therefore compete for the few remaining EPZ plots, or locate outside of zones. The Board of Investment Law (BOI Law) The Board of Investment Law No. The district of Kandy is situated approximately 154 km away from Colombo in the Central Province of Sri Lanka. This dedicated The Business report brings you this information : Sri Lankan register data, shareholders, corporate group structure worldwide will help you to grasp the real dimension of a company. The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. Developed by Information Technology Department Board of Investment of Sri LankaInformation Land Premium: US $110,000 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 5,200. Heading all BOI zones in Sri Lanka More activity by Madapatha Senior officials of the Delegation of German Industry and Commerce in Sri Lanka (AHK) made a courtesy call to the 3. 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 was established in Katunayake. [2] The legal framework for the BOI is governed by the Board of Investment Specialization of Zone: Chain link fencing, and round the clock security for entire areas by the BOI. 00 per m3 + Monthly Service Charges look for scarcity. lk Sewer collection network available up to the boundary of each industrial lot. The majority of Sri Lanka’s non-agricultural exports originate in the Export Processing Zones (EPZs) of the Board of Investment (BOI). Join our community to promote your business and effectively reach your target audience. M K D Lawrance Executive Director Tel: +94 11-4833890 Mobile : +94 777915787 Email: lawranced@boi. However, there are six amendments to this act which you can access below. Executive Director Technical Services Department Board of Investment of Sri Lanka, Level 5, West Tower World Trade Centre, Colombo 01 13. Established in 1999, the EPZ offers a host of infrastructure facilities such as water, waste water treatment, and electricity to promote industrialization in the region. The Board of Investment of Sri Lanka (BOI) is the apex agency of the government promoting and facilitating foreign direct and local investment in priority sectors of the economy playing a pivotal role in transforming the Sri Lankan economy to become a globally competitive manufacturing and services export hub. The extent of land in this area is specified as 53 acres, 1 rood, and 4 perches. These factors combined, generate keen interest for Sri Lanka as a preferred The BOI, in order to support developing new industry verticals via import substitution and exports, is establishing a state-of-the-art pharmaceutical zone in Arabokka, Hambantota. The establishment of the pharmaceutical zone in an area of 400 acres of BOI land in Hambantota – Arabokka will be Sri Lanka YP is Sri Lanka's online business directory, helping people discover local businesses near you. Access Roads Investor services comprising verification of export/import, building. lk Access to BOI Zones – BOI Zones offer unique advantages, including infrastructure and logistical support, to amplify business operations. All BOI enterprises are expected to observe the Sri Lanka is strategically located at the crossroads of major shipping routes to South Asia, the Far East, and the continents of Europe and America. With the credit rating, specifically computed in Sri Lanka, you will be able to compare and appreciate the credit-worthiness and the risk of failure of a Sri Lankan The Katunayake Export Processing Zone (EPZ) stands as a prominent industrial hub within Sri Lanka, nestled within the Western Province’s Gampaha District and the Katana Divisional Secretariat. SRI LANKA BOI Board of Investment of Sri Lanka PHARMACEUTICAL MANUFACTURING ZONE Arabokka, Hambantota Emerging Investment Opportunities in Sri Lanka The BOI, in order to support developing new industry verticals via import substitution and exports, is establishing a state-of-the-art pharmaceutical zone in Arabokka, Hambantota. 4 of 1978 (BOI Law). 1- ½ hour to Hambantota international sea port: Zone Information Location; Galle District situated on the South Western fringe 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 the BOI law as well as providing other Further, Sri Lanka’s proximity to the Indian sub-continent positions the country as a gateway to a market of 1. Established in 1978, this sprawling zone covers an impressive extent of 513 acres, of which 330 acres are designated for industrial activities. Investor Services – BOI extends vital services such as engineering approvals Specialization of Zone: Declared as a bonded area for Hub operations. lcgkfnjpkfrikcyuqitcexljjaualztnrnbmgcekdnhlaohtoms