Board of Investment
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Item Board of investment of Sri Lanka(Board of investment, 1993-07)The importance Sri Lanka attaches to foreign investment is emphasized in the investment policy statement of October 31,1990 which explicitly opened the economy to foreign investment. This guide summarizes and explains to foreign investors how these policies are currently implemented and describes the benefits and assistance they can expect when investing in Sri Lanka. Further action is planned in the institutional support provided to investors and simplification of taxes and tariffs and this guide will be updated to reflect these changes as they are introduced.Item Make IT In Sri Lanka(Board of investment, 2004-03)The board of investment (BOI) has its origins in the greater Colombo Economic Commission which was established in 1978.Fourteen years later in1992 the commission was reconstituted as the board of investment of Sri LankaItem The country series direct invetment by german companies in Sri Lanka(2022)Germany is Sri Lanka's fourth largest investor with 171 approved project and an estimated investment of rs. 11.9 billion.It is also the country's second largest investor from the European Union.Many of the German companies operating in Sri Lanka are global leaders in their field of specialization and investment areas include apparels hosiery knitwear, surf sails, textiles,electronic products, light heavy engineering rubber based products such as tyres and automobile spare parts coir products, wooden/ soft toys,chemicals and dyes gems and jewellery, tourism and recreational products.Item Investment opportunities in Sri Lanka(Greater colombo economic commission, 2022)Sri Lanka lies at the cross roads of the shipping and air routes between East and West 880 kilometers north of the equator.The pear-shaped Island situated off the Southern tip of India, is separated from the Indian mainland by the palk strait which is a mere 29 Kilometers across at its narrowest point. With a land mass of 65,610 square kilometers Sri Lanka is about the size of Holland and Belgium combined.Item Fiscal incentives for local and foreign investment geanted by the greater Colombo ecconomic commission (GCEC)(2022)Export oriented projects for services paid for in foreign currency with a minimum investment of US$ 250.000. Four investment below rs.10 million Agriculture, fisheries, hand loom textiles rural industrial products & hand crafts. Trading houses, management consultancies for promotion of foreign investment and computer software industry for export.Item Manual of procedure(2022)The procedure laid down in this manual will apply to the board of investment and it shall be the duty of all employees of this Board to acquaint themselves with these procedures or any others that will be laid down from time to time and comply with them.Any unauthorized deviation from these procedures will render the employee liable for disciplinary action. In the case of any matter not referred to in this manual the board will be guided by the relevant provisions of the government establishments code.Item GCEC greater Colombo economic commission(2022)Sri Lanka an island nation of 14 million is strategically situated along the world's major air and sea routes.Over 35 shipping lines and a dozen leading airlines connect Sri Lanka quickly and conveniently with the rest of the world. By air Colombo is 3 hours from Singapore, 6 hours from London Frankfurt, Melbourne and TokyoItem Investment opportunities in Sri lanka(Board of investment, 2022)Sri Lanka is rapidly advancing to the status of a newly industrialising economy. The opportunities created in this process have made Sri Lanka one of the most profitable locations for investment.Item BOI package incentives for investments below rs.10 million(Board of investment, 2022)In keeping with the declaration made by His Excellency, president Ranasinghe Premadasa the BOI will now provide a package of incentives for investment of lessthan rs.10 million in the traget sectors of: export oriented agricultural fisheries projects Hand loom textiles, rural industrial products and other handicraft items Trading houses established for the export of agricultural and fisheries products hand loom textiles, rural industrial products and handicraft Management consultancy for the promotion of foreign investment Computer software industry for exportItem Resident Guest Scheme Sri Lanka(2022)With a long-standing tradition of democratic government, a liberalized and market oriented economy a strategic location in the Indian ocean at the Southern tip of the India sub-continent, a warm and sunny climate and above all a kind and hospitable people Sri Lanka is fast becoming an attractive center for foreign investment in the South Asia Region.The country has substantial resources-land agricultural mineral and marine resource and a highly literate and easily trainable workforceItem BOI package of incentives for invstments below rs. 10 million(Board of investment, 2022)