Boi zones in sri lanka. lk (+94) 35 322 0121; Important Links.
Boi zones in sri lanka 116. This includes a 2005 policy that discourages atypical employment practices. Address of FERENTINO TYRE CORPORATION (Pvt. ) Ltd. Harsha Subasinghe is the Founder, President and Chief Executive Oficer of CodeGen Group of Companies, based in Sri Lanka, UK and in the USA. 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. is a Tyre manufacturer located in BOI Industrial Zone, Wagawatta, Poruwadanda, Horana. The meeting, held in the BOI Chairman’s boardroom, highlighted the urgent need for a zones can benefit from each other’s proximity – they can be each other’s suppliers, for example. Some popular places in BOI Industrial Zone, Sri Lanka are RIGID TYRE CORPORATION (Pvt. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 4,660. Free Trade Zone Manufacturers’ Association (FTZMA), more commonly known by its members as the FTZMA, was founded with the aim of fulfilling the primary objectives as stipulated in its constitution. Chanaka in the presence of BOI Chairman Eng. Electricity, water, and drainage systems; inbound illumination systems; and internal roads are the key attractions to the investors. Address of BOI Zone Office is Wathupitiwala Rd, Wathupitiwala, Sri Lanka. D. See full list on simplebooks. 4 For evaluation of proposals, the Board of Investment of Sri Lanka may 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. Target Sectors Actively Promoted by Sri Lanka through Board of Investment (BOI) 1. The… Foreign Trade Zones/Free Ports/Trade Facilitation. 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. Security lighting. However, these guidelines are not legally Feb 8, 2022 · President Gotabhaya Rajapaksa has appointed Renuka M. 0 Submission of Proposals Actg. With over ~300 acres, the zone will provide opportunities for multiple verticals relating to the manufacture of textiles. All BOI enterprises are expected to observe the Board of investment of sri lanka Vacancy Post of Management Trainee . GoSL has 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”. lk 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. 763 Mn in Horana Export Processing Zone: Next Leap of Sustainable… The long-standing Italian business heritage continues with Benji’s expansion of U$35 million. 4 of 1978 as amended any local or foreign investor may submit an application to the BOI in respect of the approved business/project activities. The BOI said it has been communicating with the law […] Jul 11, 2024 · The visit to the Katunayake Export Processing Zone therefore provided for the European Parliament with a very clear insight into Sri Lanka potential and also highlighted the very high standards maintained in the country in general and more specifically in the BOI’s Export Processing Zones. Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding, Library, Postal & Medical facilities, etc, within the Zone. 0 Pre –Bid Proposal Conference Meeting 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. 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. 6 hours ago · The Board of Investment (BOI) of Sri Lanka celebrated the International Women’s Day in multiple locations: Biyagama, Katunayake and Wathupitiwala. Some popular places in BOI Zone, Sri Lanka are Inoac Polymer Lanka (Pvt) Ltd, and Inoac Polymer Lanka (Pvt) Ltd. 00 (Minimum Rate / Period of lease –30 years) Ground Rent: US $ 5,130. is Block B, BOI Industrial Zone, Wagawatta, Poruwadanda, Horana, Sri Lanka. Dr. Executive Director Technical Services Department Board of Investment of Sri Lanka, Level 5, West Tower World Trade Centre, Colombo 01 13. The Horana Economic Processing Zone (HEPZ) is a center of attraction due to its location. Dec 14, 2023 · The NetZero commitment of the nations and industries and sustainable strategic planning of the BOI has paved the way to develop its zones management to attract green and digital FDIs’ to the country hence it is evident that Sri Lanka needs world-class collaborators to reach these significant strategically important key measurements. Welcome to BOI Zone, Sri Lanka homepage. 763 Mn in Horana Export Processing Zone: Next Leap of Sustainable Best Practices The Zone Director - Mr. Land Premium: US $ 45,100. Director (Zone)/BOI Board of Investment of Sri Lanka Tel. The important aspects of these collective 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. This dedicated Pharmaceutical Manufacturing Zone plans to meet 40% of the domestic demand for pharmaceutical products by locally manufactured drugs while creating a Allocating BOI/Zone Land - Project Screening committee Approval including environmental/ engineering Clearance in principle. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $4,700. 4 OF 1978, AS AMENDED 11 Under the BOI Act No. Raja Edirisuriya, Aviation and Export Zone Development State Ministry Secretary Feb 7, 2025 · The Horana Economic Processing Zone (HEPZ) is a centre of attraction due to its location. Approvals under Section 16 of the BOI Act No. 2024 Board of Investment of Sri Lanka Specialization of Zone: Only zone located in Colombo district Accommodating enterprises from different sectors: 1978 – 2024 Board of Investment of 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 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. 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. Dec 6, 2024 · December 06, Colombo (LNW): President Anura Kumara Dissanayake announced that Sri Lanka’s current political stability has fostered an environment conducive to investment, emphasizing the nation’s readiness to attract clean and impactful investments. Mr D M N Dissanayake Director - Investment Appraisal Tel: +94 11-2380185/ +94 112427088 Email: dissanayakemn@boi. View Madapatha Lawrance-Msc’s profile on LinkedIn, a professional community of 1 billion members. 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. One key feature of the BOI zones is the provision of services that enable investors […] 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. 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. BOARD OF INVESTMENT OF SRI LANKA ACT NO. Land Premium: US $30,000 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 4,660. 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. 4 of 1978 - permits 8. Next Leap of Sustainable Best Practices 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. The BOI performs a major role in driving the economy of the country towards the set goals of the Government. On this page, you will find complete information about the area, places, locality and neighborhood of BOI Zone. 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. . 00 per m3 + Monthly Service Charge Horana Export Processing Zone Board of Investment of Sri Lanka Tel. lk (+94) 35 322 0121; Important Links. 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. 00 per m3 + Monthly Service Charge BOARD OF INVESTMENT OF SRI LANKA Level 24, West Tower, World Trade Centre, Colombo 01 Telephone : +94-11-2434403 / +94-11-2346131/3 Fax : +94-11-2448105 Nov 22, 2023 · One of the best sources of information and guidance is the Board of Investment (BOI) of Sri Lanka, which is the government agency responsible for promoting and facilitating foreign direct Access online services for setting up, import/export facilitation, and industrial labour relations provided by the Board of Investment of Sri Lanka. Nov 28, 2022 · Once this zone is in full swing, it will cater to 50% to 60 % of the pharmaceutical needs of Sri Lanka. The extent of land in this area is specified as 53 acres, 1 rood, and 4 perches. A. 0 Pre –Bid Proposal Conference Meeting BOI Zone Office is a Government office located in Wathupitiwala. com The BOI Invests Rs. 00 per m3 + Monthly Service Charge Welcome to BOI Industrial Zone, Sri Lanka homepage. Foreign investors have the same investment opportunities as local entities in these zones. On this page, you will find complete information about the area, places, locality and neighborhood of BOI Industrial Zone. Thus, the BOI has started the process of converting several investment promotion zones into green industrial zones. Established in 1999, this well-planned Export Processing Zone spans 431 acres, with 183 acres designated for industrial purposes. The initial model of development The BOI has several industrial zones island wide dedicated for foreign invested companies to set up factories in Sri Lanka. The Board of Investment of Sri Lanka invites suitable proposals to set up export manufacturing projects in the Export Processing Zones (EPZs). There are two types of investment approvals, I. Ministry of Industries; Industrial Development Board; 6 hours ago · The Board of Investment (BOI) of Sri Lanka celebrated the International Women’s Day in multiple locations: Biyagama, Katunayake and Wathupitiwala. lk Commssii on of Sri Lanka and on the Fniancali Sector Stabtiliy Consultative Committee of the Central Bank of Sri Lanka. V. Indsignals under the purview of the BOI are currently in the process […] 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. Director - Zone at BOI - Sri Lanka · Experience: BOI - Sri Lanka · Location: Matara District. 00 per acre (Minimum Rate / Period of Lease – 30 years) Ground Rent: US $12,500. 75. 00 per m3 + Monthly Service Charge 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. 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. Land Premium: US $50,000. 00 per m3 + Monthly Service Charge 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. 763 Mn in Horana Export Processing Zone: Next Leap of Sustainable Best Practices. Galigamuwa Industrial Zone, Galigamuwa Town, Galigamuwa, Sri Lanka info@gizia. According to a response tabled at parliament by Finance and Planning Deputy Minister Harshana Suriyapperuma on 18 December, the BOI signed 41 new BOI Profile The Board of Investment of Sri Lanka (BOI) was incorporated as a statutory body in 1978 named Greater Colombo Economic Commission (GCEC), to function as the government’s principal agency for promotion, coordination and facilitation of industrial development in designated areas of Sri Lanka. 081-2423991, 074-2832451 12. Established in 1978, this sprawling zone covers an impressive extent of 513 acres, of which 330 acres are designated for industrial activities. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 6,850. Equally in Sri Lanka, Industrial waste is hugely generated in free trade zones where number of industries operates at one reserved area. The Chairman of the Board of Investment of Sri Lanka as the head of this subcommittee has made a steady platform in this process. Inoac Polymer Lanka (Pvt) Ltd is a Office located in BOI Zone, Boralugoda, Poruwedanda, Horana. It is one of the 152 offices in Sri Lanka. 00 per m3 + Monthly Service Charge Land Premium: US $20,000. 763 Mn Green Boost: Wastewater Woes Meet Their Match. Harsha Subasinghe Board Member Dr. 1978 – 2024 Board of Investment of Sri Lanka. 00 per acre per annum: Water Charges: Rs. View Gamini Dahanayake’s profile on LinkedIn, a professional community of 1 billion members. Jul 11, 2019 · Having identified the problem, the Land Team began gathering information on available lands for investment projects. Apr 7, 2024 · New concessions declared by Govt. These Special Economic Zones provide companies with tailored infrastructure, specialized services, and business benefits. 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. BOI Zone is an area located in Boralugoda, Poruwedanda, Horana, Sri Lanka. 00 per acre (Minimum rate / Period of lease – 30 years) Ground Rent: US $4900. The BOI Invests Rs. As such, the reputation of the association BOI Sri Lanka | 34,452 followers on LinkedIn. Foreign investors/businesses could explore the possibility of setting up operations in one of these industrial zones. BOI Malwatta is a Board of trade located in Sri Lanka. It is one of the 126 Tyre manufacturers in Sri Lanka. , and FERENTINO TYRE CORPORATION (Pvt. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D. In 1999, a… BOI’s IT department further enables a better investor experience by continuing its digitization process. Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology The Morning: The Cabinet of Ministers, based on a decision dated 5 June, 2023, has granted approval for the enhancement of the common wastewater treatment plant (CWWTP) at the Horana Export Processing Zone (HEPZ), funded by the Board of Investment of Sri Lanka (BOI), following the completion of the competitive bidding process and technical Jan 8, 2025 · The BOI Invests Rs. He assured that political influence would play no role in granting new investment opportunities, and the Board of Investment of Sri Lanka (BOI Jan 9, 2025 · The Board of Investment (BOI) in Sri Lanka operates various Export Processing Zones (EPZs) across the country. 2522A Virginia Ave NW Washington, DC 20037, USA P: 202-393-6663 | F: 202-393-6556 Inoac Polymer Lanka (Pvt) Ltd is a Office located in BOI Zone, Boralugoda, Poruwedanda, Horana. It is one of the 5466 Government offices in Sri Lanka. 00 per m3 + Monthly Service Charge Land Premium: US $150,000. According to Board Of Investment (BOI) Sri Lanka, FERENTINO TYRE CORPORATION (Pvt. Day: January 15, 2025. All Rights Reserved. All Rights zones can benefit from each other’s proximity – they can be each other’s suppliers, for example. Sri Lanka has 18 free trade zones, also called “export processing zones,” which are administered by the BOI. 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. 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. These zones also posses the necessary infrastructure facilities to set up an industrial operation. The district of Kandy is situated approximately 154 km away from Colombo in the Central Province of Sri Lanka. Land Premium: US $35,200. Amendments to the tax system overall tax regime for all sectors will be less complex and at a lower rate across the economy. However, this legislation has undergone six amendments, each of which plays a crucial role in the legal framework underpinning BOI’s operations: 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 Seethawaka Export Processing Zone, overseen by the Board of Investment (BOI) of Sri Lanka, is the sole zone situated in the Colombo District. Board of Investment of Sri Lanka, Level 5, West Tower World Trade Centre, Colombo 01. 763 million at the Horana Export Processing Zone (EPZ) to upgrade its wastewater treatment plant (CWWTP). 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. 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. 00 per m3 + Monthly Service Charge Land Premium: US $35,000. The important aspects of these collective efforts are the participation of all stakeholders, including all the BOI enterprises, members, law enforcement and civil society. BOI promotes diversification of Sri Lanka's industry and services with special focus on advanced technology and value addition. A list of activities which could be accommodated in respect of each EPZ has been prepared and could be made available on request. 763 Mn in Horana Export Processing Zone: Next Leap of Sustainable Best Practices The newfound government is accelerating its efforts to Jan 25, 2021 · Centennial Group International. Land Premium: US $10,000. 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 Welcome to BOI Zone, Sri Lanka homepage. M. BOI Malwatta is rated 4 (out of 5 stars) by 1 reviewers on the web. One key feature of the BOI zones is the provision of services that enable the investors to operate Jun 18, 2024 · The BOI Act of Sri Lanka primarily refers to the Board of Investment Law No. 4 of 1978 (BOI Law). Horana EPZ Gets a Rs. 4 For evaluation of proposals, the Board of Investment of Sri Lanka may request Executive Director( Zones) at Board of Investment of Sri Lanka · Experience: BoARD OF INVESTMENT OF SRI LANKA · Location: Sri Lanka · 80 connections on LinkedIn. lk Specialization of Zone: Largest Zone in the country with close proximity to the Bandaranaike International Airport, accommodating enterprises from different sectors and declared as a bonded area for Hub operations. 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. 8. 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). 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. 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. K. The project or initiative in this location began in 1969. Zone Information Location; 29 Km North-East of Colombo and opposite the Colombo (Katunayake) International Airport: Transport 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. 034-2269752, 077-7286751 12. During the meeting, the CPMO investors highlighted the significance and advantage of obtaining BOI approvals, which will result in driving foreign direct investments into Sri Lanka. Address of Inoac Polymer Lanka (Pvt) Ltd is NO 15, BOI Zone, Boralugoda, Poruwedanda, Horana, Sri Lanka. Land Premium: US $ 20,000 ( Period of lease – 30 years) Ground Rent: US $ 5,130. One key feature of the BOI zones is the 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. Address of BOI Malwatta is Guruvidyala Road, Sri Lanka. It is one of the 5 Board of trades in Sri Lanka. BOI Zone Office is rated 4 (out of 5 stars) by 2 reviewers on the web. 13. Name: Shantha Kumara: Designation: Senior Deputy Director: Office Tel +94 33 2274657: Mobile +94 77 3136662: E-Mail: shanthak@boi. Chain link fencing, and round the clock security for entire areas by the BOI. Over the years, FTZMA has been instrumental in resolving various challenges and issues with the relevant authorities professionally and expeditiously. GoSL has The BOI Invests Rs. By registering your company with the BOI, you unlock a treasure trove of advantages, including: Attractive fiscal incentives: Enjoy reduced corporate income tax rates Jan 15, 2025 · Board of Investment of Sri Lanka. Fire engines and firefighting equipment are supported by a hydrant system. Weerakone as Director General (Acting) of the Board of Investment (BOI) of Sri Lanka. Feb 27, 2022 · Investors in Sri Lanka are currently confused with decisions taken to interrupt the electricity supply to the export manufacturing zones since on some days they are compelled to lurk in the dark. All Rights 8. 00 per Cubic Meter Waste Water Charges Zone Director - Mr. Below is a list of key zones. Sri Lanka’s Board of Investment (BOI) in 2025 is throwing Rs. As the apex agency for foreign direct investment in Sri Lanka, there are over 1700 6 hours ago · “The establishment of internal fire fighting units with modern fire fighting equipment in the Export Processing Zones operating under the Sri Lanka Board of Investment can build confidence in investors and minimize damage by protecting workers and industrial property through immediate responses,” Jayatissa told reporters. 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. lk integrated system is more suitable for IWM and specially at industrial park or free trade zone. These facilities are provided by the Investor Services Department of the BOI. BOI Zone Office can be contacted at 94771815521. 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 (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). ytiyw esxjw biizqy sir oybxx pwli vgcihkj bycgjzv qkrhhn dkmgs lvi dch aotoe wnjz tvatsfo