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Ceremonial opening of the new Administration building at Horana Export Processing Zone

The BOI’s Horana Export Processing Zone Ceremonially opened the new administrative building
recently. A total cost of Rs 46 Million was spent to construct this fully furnished building. Mr Sanjaya
Mohottala, Director General of the Board of Investment was the Chief Guest at this occasion. The event
was attended by a large number of investors, Government officials and the Senior BOI officials.

Mr Sanjaya Mohottala, Director General BOI stated that “our biggest challenge is to maintain the GDP
rate at 6% for next 10 years. The main role of the BOI is to uplift the economy of the country while
attracting Foreign Direct Investment. We need to provide with necessary infrastructure facilities for the
investors. Further healthy investment climate should be created in the country. We have to be more
proactive instead of reactive” he added. He further stated that the steps are being taken to develop thrust
sectors for investment such as Pharmaceuticals, Agriculture processing , ICT , aquaculture and Rubber
etc.. Further, BOI’s responsibility is to provide with more efficient service to our investor community.

Mr H D De Silva Chairman of HDDS (Pvt) Ltd, Mr M K D Lawrence, Executive Director, BOI and Mr
Sujeewa Thilakumara , Senior Deputy Director BOI were also spoke at the occasion.

Horana Export processing Zone was established in 1999 on a land of 390 Acres of which 181 Acres are
industrial land. The infrastructure facilities at the zone include water, the processing of wast water and
electricity, making it attractive to investors.

The zone’s enterprises have a significant impact on the local economy as they provide direct employment
of 3375 people and the indirect employment would be doubled. The Horana EPZ therefore promotes the
Government’s objective to develop regional industrialization. The total export revenue of the zone was Rs
8632 Million in the year 2019.

There are 21 enterprises in commercial operation at the Horana EPZ involved in the manufacture of
Apparel & accessories, Food, Wooden, Consumer, Steel & Aluminum and Plastic products.

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