Boi zones in sri lanka Applicable Tax Concessions shall be granted by the Board of Investment of Sri Lanka (BOI). Address of Inoac Polymer Lanka (Pvt) Ltd is NO 15, BOI Zone, Boralugoda, Poruwedanda, Horana, Sri Lanka. Lawrence said that this expansion will take place in 2021. The Economic Transformation Act (ETA) is to provide for the National Policy on Economic Transformation and for the Establishment of the Economic Commission of Sri Lanka Dec 7, 2024 · 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 financial stability BOI Malwatta is a Board of trade located in Sri Lanka. Additional BOARD OF INVESTMENT OF SRI LANKA . The BOI performs a major role in driving the economy of the country towards the set goals of the Government by Get in touch with Sri Lanka's manufacturing team to know more! BOI Industrial Park, Pallekelle, Kandy. 00 per m3 + Monthly Service Charge Sep 17, 2019 · The Board of Investment of Sri Lanka (BOI) has initiated plans to almost double the collective land extent of Sri Lanka’s Export Processing Zones, also known as Free Trade Zones. Call Jun 30, 2016 · boi-lb-512 Private Added Date: 2022-03-31 Board of Investment of Sri Lanka (BOI) Investor Facilitation Centre (IFC) Level 27, West Tower, World Trade Center, Echelon Square, Colombo 01, Sri Lanka. 2024 Board of Investment of Sri Lanka The enforcement of provisions under the National Environmental Act is carried out by the BOI in respect of all projects established within its Export Processing Zones. Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding, Library, Postal & Medical facilities, etc, within the Zone. Mar 17, 2025 · The Board of Investment (BOI) of Sri Lanka celebrated International Women’s Day in multiple locations. lk (+94) 35 322 0121; Important Links. Lawrence) +94777915787 Write a Review on Board of Investment of Sri The Board of Investment of Sri Lanka (BOI) has taken a number of initiatives in 2018 to improve its service delivery which includes addressing regulatory deficiencies and inter-agency coordination issues by inter connecting line agencies under a single virtual platform; Single Window Investment Facilitation Taskforce (SWIFT). 0 Submission of Proposals Actg. It is the main agency that approves any Foreign Direct Investments (FDI) or Local Investments in Sri Lanka. Sri Lanka aims to replicate the success of the Biyagama Free Trade Zone as a model for national industrialization over the next 15-20 years. 9 of 2002 2. 1 of SLFRS 9). . All Rights Reserved. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Land Premium: US $35,000. The Horana Economic Processing Zone (HEPZ) is a center of attraction due to its location. Lawrance Director Board Of Investment Of Sri Lanka Katunayake Export Processing Zone Katunayake Sri Lanka Phone: +94 (0) 112252494 Fax: +94 (0) 112253207 Email: lawranced@boi. 4 of 1978 As amended by: 1. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross May 20, 2024 · The Act itself empowers the entity ‘Sri Lanka Investment Zones’ established by this Act to entrust the establishment, management and operation of Investment Zones to another private entity as a partnership, joint venture or under a management agreement. This dedicated Pharmaceutical Manufacturing Zone plans to meet 40% of the domestic demand for pharmaceutical products by locally manufactured drugs while creating a 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. Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. 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. Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. According to Board Of Investment (BOI) Sri Lanka, Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross cutting major sea and air trade routes and Sea Following the establishment of the Katunayake zone, BOI became involved in a massive expansion in EPZ schemes and has established 12 economic zones in the country since 1978, including nine EPZs, two industrial parks, and one export processing park (Board of Investment of Sri Lanka, March 2012). b. President Ranil Wickremesinghe emphasized in 2023 Biyagama’s transformation into South Asia’s premier trade zone and its role in Apr 4, 2022 · Despite the pandemic and lockdowns the existing companies in BOI zones have increased their investments in Sri Lanka. Feb 14, 2024 · The Minister conducted his routine progress review meeting held at Bingiriya Export Processing Zone recently, Minister of Investment Promotion Secretary M M Naimudeen, Director General of Sri Lanka Board of Investment Renuka Weerakoon, Divisional Secretary, officials representing institutions such as highways, electricity, water supply Feb 7, 2025 · 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 investors. V. Sri Lanka Cement Corporation (SLCC) (2022) - Not reflecting the investment in equity shares at its fair value (Paragraph 5. The Act is still not available publicly and this article is based on the Economic Transformation Bill. Established in 1978, this sprawling zone covers an impressive extent of 513 acres, of which 330 acres are designated for industrial activities. Q: What are the key aspects of BOI’s FDI roadmap launched last year? 34 boi industries zone pallekele kandy - overview Exim GTIS is the best cost-effective market research platform offering 200+ countries trade data reports by country, company, ports. Electricity, water, and drainage systems; inbound illumination systems; and internal roads are the key attractions to the investors. Companies near me, Businesses in Horana, Business directory Horana, Big companies in Horana, Corporate companies in Horana Management Trainee - Board of Investment of Sri Lanka l<ukdlrK wNHdi,dNs - Y%S ,xld wdfhdack uKav,h Closing Date : 2023-12-08 integrated system is more suitable for IWM and specially at industrial park or free trade zone. Top verified registered companies in the Horana, Sri Lanka. Existing Policy, Institutional Frame Work and concessions to be offered a. 00 (Minimum Rate / Period of Lease – 30 years) Security lighting. Currently, there are 15 investment zones governed under the Board of Investment of Sri The BOI Act was amended in 1980, 1983, 1992, 2002, 2009 and 2012. Nov 16, 2024 · November 16, Colombo (LNW): The BOI is in the process of turning the existing factories and the coming industries in the future into environmentally-friendly green industries. is Block B, BOI Industrial Zone, Wagawatta, Poruwadanda, Horana, Sri Lanka. The additional investments made by existing companies in 2020 were US$ 716 million and this increased to US$ 1,032 million in 2021. Level 24, West Tower, World Trade Centre, Colombo 01 Telephone : +94-11-2434403 / +94-11-2346131/3 Fax : +94-11-2448105 Land Premium: US $30,000 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 4,660. 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. It is the growing business/investment opportunities in Sri Lanka’s manufacturing industry that have led to the BOI to set up more investment zones, especially targeting the Northern Province, which engages in many businesses with South India. There are currently 14 BOI Export Processing Zones in Sri Lanka with plans for 3 additional BOI Zones in the future. The project or initiative in this location began in 1969. 081-2423991, 074-2832451 12. Below is a list of key zones. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $4,700. ) Ltd. ŸProcessing of web submissions on Mar 19, 2015 · The Board of Investment (BOI), a statutory agency of the Sri Lankan government, is responsible for administering FDI. 65 hectare expansion of the Pallekele Industrial Park owned by the Board of Investment (BOI) of Sri Lanka will create up to 1,500 jobs, The Morning learnt. Currently, there are 15 investment zones governed under the Board of Investment of Sri Mirigama Export Processing Zone (MEPZ) is managed by the Board of Investment (BOI) and is in the Gampaha District about 65 Km North East of Colombo and 35 Km away from Bandaranaike International Airport. Dec 25, 2020 · By Hiranyada Dewasiri The 5. Terminal 2, Air Cargo Village, Bandaranaike International Airport (CMB), Katunayake 11450, Sri Lanka Ekala Industrial Estate is a government-owned industrial zone located in the Gampaha district of Sri Lanka. Here he shares the island’s new FDI roadmap, plans for new free trade zones and BOI’s sustainability push. 116. Some popular places in BOI Zone, Sri Lanka are Inoac Polymer Lanka (Pvt) Ltd, and Inoac Polymer Lanka (Pvt) Ltd. Land Premium US $100,000. Sep 28, 2019 · Minister of Development Strategies and International Trade Malik Samarawickrama recently met with the representatives of six companies which have expressed interest in starting operations at the Bingiriya Export Processing Zone. The new admin office will control all administrative and processing activities for exporting goods of the Mirijawila Export Processing Zone. 00 per m3 + Monthly Service Charge 8. 00 per m3 + Monthly Service Charge Land Premium: US $10,000. Harsha Subasinghe is the Founder, President and Chief Executive Oficer of CodeGen Group of Companies, based in Sri Lanka, UK and in the USA. lk These factors combined, generate keen interest for Sri Lanka as a preferred investment destination in the region. 00 per m3 + Monthly Service Charge Mr. All BOI enterprises are expected to observe the Specialization of Zone: Only zone located in Colombo district Accommodating enterprises from different sectors: 1978 – 2024 Board of Investment of Sri Lanka 8. As you explore international business, BOI Sri Lanka will provide a team of sector-specific experts supporting every stage of your investment or business cycle – from company registration to your first export. Jayasinghe Director Board Of Investment Of Sri Lanka Biyagama Export Processing Zone Biyagama Sri Lanka Phone: +94 (0) 1122465212 Fax: +94 (0) 112465227 Email: athulajaya@boi. Feb 6, 2025 · One key feature of the BOI zones is the provision of services that enable investors to operate their businesses smoothly, and investors always prefer the “turn-key nature” of these facilities. 4 For evaluation of proposals, the Board of Investment of Sri Lanka may 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. Tel:+94 112 392149 +94 112 392150. Horana Export Processing Zone Board of Investment of Sri Lanka Tel. 49 of 1992 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. Thus, the BOI has started the process of converting several investment promotion zones into green industrial zones. Board of investment of sri lanka Vacancy Post of Management Trainee . On this page, you will find complete information about the area, places, locality and neighborhood of BOI Zone. 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 . ŸExport Processing Zone Katunayake (KEPZ) ŸExport Processing Zone Biyagama (BEPZ) ŸExport Processing Zone Koggala (KgEPZ) ŸKandy Industrial Park –Pallekale (KIP) The investor has to register with the relevant service center and Sri Lanka Customs to obtain the above services at the initial point. However, this legislation has undergone six amendments, each of which plays a crucial role in the legal framework underpinning BOI’s operations: Jun 10, 2016 · 3. Management Trainee Vacancies – Board of Investment of Sri Lanka Vacancies 2023. One key feature of the BOI zones is the provision of services that enable investors […] Dec 2, 2024 · The sole trade chamber of BOI enterprises, Free Trade Zone Manufacturers Association (FTZMA) recently met with the new Chairman of the Board of Investment (BOI) to discuss critical measures needed to enhance investment and trade facilitation in Sri Lanka. D. •Promotes foreign investment in Sri Lanka •Origins in the Greater Colombo Economic Commission (GCEC) established in 1978 •Functions as the central facilitation point for investors •Re-constituted as BOI in 1992 •Principal Law: –The Board of Investment of Sri Lanka Law No. While certain strategic or mega‑scale projects are handled by the government, most FDI projects in the manufacturing sector are approved and registered by the BOI. He made this observation during his address at the first-ever awards ceremony organised by the BOI marking its 45th anniversary at the Land Premium: US $ 45,100. - Not recognizing certain lands in the financial statements of which SLCC has the control, right and potential to produce economic benefits from the lands (Paragraph 15 of LKAS1). Document Version Control Version Date Description Author 1. Tel: +94 11 2434403-5 Fax: +94 11 2447994 ifc@boi. Dr. In 1984 De La Rue was registered in Sri Lanka as a BOI enterprise. Overall, the Koggala Export Processing Zone is a well-established and attractive location for businesses that are looking to invest in Sri Lanka. It is one of the 5466 Government offices in Sri Lanka. 21 of 1983 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. It is one of the 5 Board of trades in Sri Lanka. The proposal to handover the government User Manual for BOI COMPANIES Sri Lanka Customs Registration Website: Introduction Upon completing a successful sign up process, this user guide will provide a detailed guideline for BOI companies to complete the registration process. 2019 User Manual for Registration Website: sets out the basic terms and conditions of employment to be observed by BOI enterprises operating both within and outside the Export Processing Zones (EPZs) in Sri Lanka. investsrilanka. , and FERENTINO TYRE CORPORATION (Pvt. 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. Upcoming Events - Year 2024 . Address of BOI Malwatta is Guruvidyala Road, Sri Lanka. Harsha Subasinghe Board Member Dr. The important aspects of these collective efforts are the participation of all stakeholders, including all the BOI enterprises, members, law enforcement, and civil society. May 13, 2022 · The Board of Investment said yesterday that the operation at all Free Trade Zonal areas and export companies under the BOI continues to function and is bouncing back to normal operations with employees reporting for duty despite certain setbacks that were faced in the country. Sri Lanka. On this page, you will find complete information about the area, places, locality and neighborhood of BOI Industrial Zone. 00 (Minimum Rate / Period of lease –30 years) Ground Rent: US $ 5,130. Sep 14, 2022 · The Board of Investment of Sri Lanka (BOI) is delighted to welcome the textile manufacturing project by Jay Jay Mills Lanka (Pvt) Ltd as the first project to be undertaken at the Dedicated Textile Manufacturing Zone in Eravur, Batticaloa with the ground-up development commencing at the site. 2522A Virginia Ave NW Washington, DC 20037, USA P: 202-393-6663 | F: 202-393-6556 Establishment of Export Processing Zones & Indus trial Parks Within the present policy framework of industrial devel opment, the Board of Investment (BOI) will have to pay a catalytic role in the regional development of the coun try. 00 per acre per annum: Water Charges: Rs. Chain link fencing, and round the clock security for entire areas by the BOI. Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology It is managed by the Industrial Development Board (IDB) of Sri Lanka, and provides infrastructure and facilities for manufacturing and other industrial activities. GoSL has Apr 7, 2024 · New concessions declared by Govt. The extent of land in this area is specified as 53 acres, 1 rood, and 4 perches. 2. Oct 7, 2018 · Sri Lanka has 14 Board of Investment industrial zones, which have not rapidly multiplied. Recognizing these potential benefits, the Board of Investment (BOI) of the Government of Sri Lanka (GoSL) has embarked on a new plan to expand its set of industrial zones, for the first time since 2003. Panaluwa The estate covers an area of around 32 acres and is home to a variety of industries, including apparel, food processing, and packaging. Some popular places in BOI Industrial Zone, Sri Lanka are RIGID TYRE CORPORATION (Pvt. Share +94112465212 (Director Mr. 00 per m3 + Monthly Service Charge Director (Zone)/BOI Board of Investment of Sri Lanka Tel. However, these guidelines are not legally Oct 2, 2021 · BOI Job Vacancies – Board of Investment of Sri Lanka. Chanaka in the presence of BOI Chairman Eng. O'Brien said that with more industrial zones planned, and the BOI expected to move away from regulation of investments to attracting investments, new competitive industries such as solar panel and medical equipment manufacturing are expected to start in 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”. BOI Zone is an area located in Boralugoda, Poruwedanda, Horana, Sri Lanka. 75. 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 and proposed Bidding Value. INVESTMENT POLICY OF SRI LANKA Sri Lanka pioneered in South Asia's economic liberalization over three decades ago. The estate provides infrastructure facilities for small and medium-sized enterprises (SMEs) to operate their businesses, including factory buildings, roads, water supply, and a common effluent treatment plant. The Chairman of the Board of Investment of Sri Lanka as the head of this subcommittee has made a steady platform in this process. Nov 12, 2022 · 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 honourable mention for its reinvestment strategy in the fDi Intelligence’s Free Zones Awards 2022, reinforcing its position as one of the region’s leading industrial and free zones. Biyagama Export Processing Zone, Sri Lanka. Currently, there are 14 Export Processing Zones around Sri Lanka which occupy a total land area of around 3,000 acres. Home to one of the Top 25 Container Ports in the World, the country is a key port of call for shipping lines and airfreight services. Zone Director - Mr. The information is 100% verified and accurate based on direct customs authorities. While the project is touted as a significant economic opportunity for a historically underserved region Jan 25, 2021 · Centennial Group International. 00 per acre (Minimum rate / Period of lease – 30 years) Ground Rent: US $4900. (This is not applicable to BOI licensees). Feb 1, 2025 · In a startling revelation, the Board of Investment (BOI) Chairman Arjuna Herath this week confirmed Sri Lanka has never achieved a $ 2 billion foreign direct investment (FDI) and has historically failed to achieve inflows equivalent to even 2% of the GDP. 0 Pre –Bid Proposal Conference Meeting The Board of Investment of Sri Lanka (BOI) has issued a set of guidelines and standards for employment that companies operating within their zones should follow. Weerakone as Director General (Acting) of the Board of Investment (BOI) of Sri Lanka. It is one of the 152 offices in Sri Lanka. Nov 9, 2022 · 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 Intelligence’s Free Zones Awards 2022, reinforcing its position as one of the region’s leading industrial and free zones. Sep 30, 2020 · The first EPZ in Sri Lanka was established in Katunayake in 1978 under the authority of the Greater Colombo Economic Commission (GCEC), which was later renamed Board of Investment. The investment zones in Bingiriya in the Northwestern Province and Hambantota in the Southern Province will also be further developed, aligning to the new investment zones. The theme for… 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. Whilst providing various incenves and facilitaon for enhancing the private sector Land Premium: US $150,000. It is one of the 126 Tyre manufacturers in Sri Lanka. 00 per Cubic Meter Waste Water Charges FERENTINO TYRE CORPORATION (Pvt. The document outlines 20 potential investment project proposals across several sectors in Sri Lanka, including tourism and leisure, universities and training, IT and knowledge activities, port operations, healthcare, infrastructure development, and manufacturing. is a Tyre manufacturer located in BOI Industrial Zone, Wagawatta, Poruwadanda, Horana. 00 per m3 + Monthly Service Charge Land Premium: US $50,000. The BOI Empowered International Women’s Day by “Accelerating Action” in Multiple Zones. 0 Pre –Bid Proposal Conference Meeting Land Premium: US $35,200. Indo Siam Industries (Pvt) Ltd, is the only manufacturer of Stainless Steel Tubes & Accessories in Sri Lanka, under the brand name “Toyoki” since 2005. A. Hitherto, BOI has established five Export Process ing Zones and Industrial Parks in the country. Jun 18, 2024 · The BOI Act of Sri Lanka primarily refers to the Board of Investment Law No. The Board of Investment Law (BOI Law) The Board of Investment Law No. BOI Malwatta is rated 4 (out of 5 stars) by 1 reviewers on the web. Feb 8, 2022 · President Gotabhaya Rajapaksa has appointed Renuka M. Speaking to The Morning, BOI Executive Director of Zones M. Jan 15, 2025 · 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. Jul 11, 2019 · Having identified the problem, the Land Team began gathering information on available lands for investment projects. zones can benefit from each other’s proximity – they can be each other’s suppliers, for example. opened a new factory in Phase III of the Wathupitiwala Export Processing Zone. 12. Ian Kentfield brought this project to Sri Lanka. 00 per m3 + Monthly Service Charge 1978 – 2024 Board of Investment of 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. lk Galigamuwa Industrial Zone, Galigamuwa Town, Galigamuwa, Sri Lanka info@gizia. Fire engines and firefighting equipment are supported by a hydrant system. The zone is also committed to sustainable development. 09 of 2002 Ÿ Board of Apr 24, 2024 · According to the Cabinet Decision paper, the 2024 National Budget stressed the need of the hour in building an export-oriented economy in the post- economic crisis Sri Lanka. Land Premium: US $20,000. These facilities are provided by the Investor Services Department of the BOI. Email: admin1@industry. No. D. 5 acres of which 50. pdf), Text File (. 4 For evaluation of proposals, the Board of Investment of Sri Lanka may request The district of Kandy is situated approximately 154 km away from Colombo in the Central Province 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 Apr 4, 2024 · President Ranil Wickremesinghe, on Tuesday, wooed Board of Investment approved and overseas firms to get their investments ready as Sri Lanka will herald its next growth wave with stability restored. The BOI performs a major role in driving the economy of the country towards the set goals of the Government. The zone offers a number of advantages, such as a streamlined regulatory environment, attractive incentives, and good connectivity. 4 of 1978 (BOI Law). 13. Executive Director Technical Services Department Board of Investment of Sri Lanka, Level 5, West Tower World Trade Centre, Colombo 01 13. Oct 9, 2020 · 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). Call. Save. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 6,850. 034-2269752, 077-7286751 12. gov. K. The formal opening of the new factory (Biyagama Export Processing Zone) Map. Commssii on of Sri Lanka and on the Fniancali Sector Stabtiliy Consultative Committee of the Central Bank of Sri Lanka. lk www. 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. Online Services; Setting Up; Import/Export Facilitation; Industrial Labour Relations Feb 26, 2024 · What is the BOI and Why Choose a BOI Company? The Board of Investment of Sri Lanka (BOI) is your one-stop shop for attracting and facilitating foreign direct investments (FDI). Welcome to BOI Industrial Zone, Sri Lanka homepage. November 26, 2023 Editor. This includes a 2005 policy that discourages atypical employment practices. Oct 16, 2019 · BOI enterprise AmSafe Bridport Ltd. txt) or read online for free. Setting up business in another country can be overwhelming without proper guidance. It was established in 1998 on a land area of 260. 00 per m3 + Monthly Service Charge Board of Investment of Sri Lanka, Level 5, West Tower World Trade Centre, Colombo 01. 0 Pre –Bid Proposal Conference Meeting A Pre – Proposal Conference meeting has been scheduled at 1100 hrs on 11th August 2023 at Board of Investment of Sri Lanka, Level 24, Conference Room, West Tower, World Trade Center, Colombo 01. Address of BOI Zone Office is Wathupitiwala Rd, Wathupitiwala, Sri Lanka. Services provided by BOI in zones Approval and facilitation for Export / Import Documentation & Recommendation of expatriate visa Engineering approvals such as building plans, site clearance, issuance of certificate of conformity & provision of dedicated infrastructure facilities such as centralist water and sewerage treatment facilities Dec 14, 2021 · BOI Zones in Sri Lanka. lk Welcome to BOI Zone, Sri Lanka homepage. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D. 8. Aug 21, 2011 · SEETHAWAKA -Following environmental conservation methods, the Seethawaka Export Processing Zone, Sri Lanka's international-style industrial park has utilized 96% of its 180-acre developed land to set up factories with local and foreign investment of over Rs. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Aug 9, 2024 · The Economic Transformation Bill was issued by way of Gazette on 14 May 2024 and was passed in Parliament on 25 July 2024. Galigamuwa Industrial Zone, Galigamuwa Town, Galigamuwa, Sri Lanka info@gizia. We have mastered the art of manufacturing stainless steel products, utilizing the best raw materials from well reputed manufacturers around the world, and by operating state of the art As the Senior Software Development Specialist at the Board of Investment (BOI) in Sri Lanka, I leverage my extensive expertise to deliver efficient and innovative web development solutions for a diverse range of projects. Ministry of Industries; Industrial Development Board; Apr 17, 2025 · 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, Mankulam, and Kankesanthurai — have sparked both optimism and concern. The Board of Investment of Sri Lanka invites suitable proposals to set up export manufacturing projects in the Export Processing Zones (EPZs). May 21, 2018 · Speaking on behalf of the Investors at the BEPZ, Andrew Hydes Director and Head of Operations Sri Lanka of De La Rue spoke of this company’s experience as an investor in Sri Lanka. labour laws of the country are also applicable to all enterprises in the country, including BOI/EPZ enterprises, and the Ministry and Department of labour are responsible Within less than half a Kilo meter of Seethawaka Export Processing Zone, you can also find Electronic Information Technology Park, National Saving Bank ATM, FPA Suwasewa Center - Seethawaka, Commercial Bank ATM, Bank of Ceylon ATM, Planet Entertainment, Dmadhu Design, Salon ishuwaraa, BOI Seethawaka Permit Office, Sri Muthumariamman Hindu Temple, Fire Department, BOI Awissawella, Fire May 20, 2024 · The Act itself empowers the entity “Sri Lanka Investment Zones” established by this Act to entrust the establishment, management and operation of Investment Zones to another private entity as a partnership, joint venture or under a management agreement. 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. lk The Zone is declared as a “Strategic Development Project” (SDP) and, strategic textile manufacturing investments established within the borders of the zone are eligible for benefits under Sri Lanka’s SDP Act. Address of FERENTINO TYRE CORPORATION (Pvt. Biyagama, Katunayake, and Wathupitiwala. The Board of Investment of Sri Lanka invites suitable proposals to set up projects in vacant lands owned by BOI which are located outside the designated BOI zones. These Special Economic Zones provide companies with tailored infrastructure, specialized services, and business benefits. . 00 per acre (Minimum Rate / Period of Lease – 30 years) Ground Rent: US $12,500. 43 of 1980 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. K. The Minister was assisted by Deputy Minister Development Strategies and International Trade Nalin Bandara, Board of Investment of Sri Lanka Chairman Mangala Yapa BOI Malwatta is a Board of trade located in Sri Lanka. Amsafe Bridport Ltd. The BOI said it has been communicating with the law […] Inoac Polymer Lanka (Pvt) Ltd is a Office located in BOI Zone, Boralugoda, Poruwedanda, Horana. lk. Equally in Sri Lanka, Industrial waste is hugely generated in free trade zones where number of industries operates at one reserved area. 69 acres are industrial land. Established in 1999, this well-planned Export Processing Zone spans 431 acres, with 183 acres designated for industrial purposes. By registering your company with the BOI, you unlock a treasure trove of advantages, including: Attractive fiscal incentives: Enjoy reduced corporate income tax rates Allocating BOI/Zone Land - Project Screening committee Approval including environmental/ engineering Clearance in principle. 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 and Proposed Bidding Value. Ceylon Biscuits New Factory Jan 9, 2025 · The Board of Investment (BOI) in Sri Lanka operates various Export Processing Zones (EPZs) across the country. Name: Shantha Kumara: Designation: Senior Deputy Director: Office Tel +94 33 2274657: Mobile +94 77 3136662: E-Mail: shanthak@boi. It was noted that the state owns over 80% of land in Sri Lanka, though this ownership is spread over at least ten different Ministries and Departments. M. FTZMA operates a dedicated and active secretariat within the KEPZ, staffed by permanent personnel who address the daily needs of our member enterprises and maintains close •The BOI partners with its clients for smooth facilitation with 45 years of existence •Home to over 1,200 foreign companies •500,000+ employment opportunities through BOI •In 2022, Contributing to:-66% of National Exports-80% of National Industrial Exports-98% of National Apparel & Textiles Exports The Board of Investments (BOI) of Sri Lanka has reportedly said that it is expanding an industrial zone in Mirigama in order to accommodate 31 more foreign invested factories. 0 05. BOI Zone Office can be contacted at 94771815521. With over ~300 acres, the zone will provide opportunities for multiple verticals relating to the manufacture of textiles. Indsignals under the purview of the BOI are currently in the process […] Nov 14, 2022 · 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 Free Zones Awards 2022, reinforcing its position as one of the region’s leading industrial and free zones. Ministry of Industries; Industrial Development Board; Feb 11, 2021 · After just nine months as director general, Sanjaya Mohottala was appointed chairman of Sri Lanka’s Board of Investment (BOI) in late 2020. was established in November 2001 as Wathupitiwala and was formerly entirely British but is now a fully US-owned company. The meeting, held in the BOI Chairman’s boardroom, highlighted the urgent need for a Aug 25, 2013 · President Mahinda Rajapaksa declared open new Administration Office of the Sri Lanka Board of Investments (BOI) at the Mirijjawila Export Processing Zone in Hambantota. It was established in 1978 Today, FTZMA's membership spans 09 Free Trade Zones and represents over 1,700 enterprises under the purview of the BOI across all 13 BOI zones and other zones in the country. Nov 22, 2023 · BOI stands for Board of Investment of Sri Lanka. 11 billion. Raja Edirisuriya, Aviation and Export Zone Development State Ministry Secretary Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Developed by Information Technology Department Board of Investment of Sri Lanka. More Details. A list of activities which could be accommodated in respect of each EPZ has been prepared and could be made available on request. The UK-based fDi Intelligence is a foreign direct Dec 16, 2020 · The Pharma subcommittee consists of the BOI Secretary to the State Ministry of Production, Supply and Regulation of Pharmaceuticals, the Secretary to the Ministry of Health, EDB, SPC, SPMC, NMRA, and CEA. The following transparent investment laws aim to foster foreign direct investments. According to a response tabled at parliament by Finance and Planning Deputy Minister Harshana Suriyapperuma on 18 December, the BOI signed 41 new Biyagama as model for future industrial development in Sri Lanka. 43 of 1980 4. BOI Zone Office is rated 4 (out of 5 stars) by 2 reviewers on the web. The company was originally named Bridport Aviation. Sri Lanka, and several International Universities are having serious negotiations with the relevant authorities. 4 of 1978 and its amendments is the principal law applicable to BOI Zone Office is a Government office located in Wathupitiwala. Seethawaka Export Processing Zone, overseen by the Board of Investment (BOI) of Sri Lanka, is the sole zone situated in the Colombo District. com Board of Investment of Sri Lanka BOI FACILITATION Value Added Tax (VAT) Exemptions/ Deferments Analyze locations Land Premium: US $ 20,000 ( Period of lease – 30 years) Ground Rent: US $ 5,130. T M P Tennakoon Senior Deputy Director Tel: +94 81-2420019 Mobile : +94 71-8058479 Email:prasannat@boi. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 4,660. BOI Project Proposals - Free download as PDF File (. Jan 3, 2025 · Sri Lanka’s Board of Investment (BOI) signed 74 projects in 2024, with an estimated investment of $ 608 million, with the second half of the year showing slow growth, the Finance Ministry said. BOISL is recognized as best practice for IPA gender Equality in investment.
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