Investment

As Investment plays a key pillar for sustainable development, Sri Lanka´s conducive policies strive to attract inward investment while encouraging domestic investment.

Sri Lanka is one of the most competitive nation in the region of South Asia with attractive investment climate and promising sectors for investment. Being an Island nation, strategically located in the centre of naval and air routes connecting Eastern and Western countries, invites prospective investors to be the leaders for taking advantage of these untapped investment opportunities in the island.

 

Why Invest in Sri Lanka?

  • Strategic Location

https://investsrilanka.com/services/strategic-location/

  • Fast Developing Infrastructure

https://investsrilanka.com/services/fast-developing-infrastructure/

  • Access to Key Market

https://investsrilanka.com/services/access-to-key-markets/

  • Educated and Adaptable workforce

https://investsrilanka.com/services/educated-and-adaptable-workforce/

  • Quality of life

https://investsrilanka.com/services/quality-of-life/

  • Investment Incentives

https://investsrilanka.com/services/investment-incentives/

  • Investment Protection

https://investsrilanka.com/services/investment-protection/

  • Avoidance of double taxation

https://investsrilanka.com/services/avoidance-of-double-taxation/

Being the first country in South Asia to liberalize its economy, Government policy offers very attractive incentives to investors, including,

  • Total foreign ownership is permitted for many areas in the economy
  • No restrictions on repatriation of earnings, fees, capital, and on forex       transactions relating to current account payments
  • Safety of foreign investment is guaranteed by the constitution
  • Existence of a transparent and sophisticated legal and regulatory framework
  • Covering all prerequisite business law enactments
  • Bilateral investment protection agreements with 27 countries and double taxation avoidance agreements with 38 countries

In addition to the above, investment has a safeguard against expropriation and non-commercial risks since Sri Lanka is a member of the Multilateral Investment Guarantee Agency (MIGA).

 

Board of Investment Sri Lanka                     

The Board of Investment in Sri Lanka is the apex Government Body, which promotes investment to Sri Lanka and provides investor services.  Their objectives include,

  • Widen and strengthen the base of the economy
  • Encourage and promote investment, specifically Foreign Direct Investment (FDI)
  • Promote interdisciplinary interaction and collaboration
  • Help existing enterprises in dealing with macro socio economic challenges and help in their transformation
  • Diversify the sources of foreign exchange earnings and increase export earnings
  • Promote innovation and adoption of new technologies and generate new employment
  • Establish Investment Promotion Zones (IPZs) throughout the country especially through public and private partnership
  • Promote Sri Lanka as a Trading Hub

For More information pl visit BOI Sri Lanka Website: https://investsrilanka.com/