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A Real-time and Online Payment Facility for BOI Customers

  • by boi_admin
  • October 18 2019
  • News

CONCRETE ELECTRIC POLES MANUFACTURED IN SRI LANKA UNDER BOI AGREEMENT RESULT IN IMPORT SUBSTITUTION AND ENVIRONMENTAL BENEFITS

  • by boi_admin
  • News

  The Board of Investment of Sri Lanka signed a supplementary Agreement with M/s Senaka Zenn (Private) Limited to set up a project to manufacture pre-stressed spun concrete electrical poles, piles and railway sleepers with an improved technology, for both local and export markets. The Initial investment made by the Company was US$ 10.3 million. […]

The 9th EU-Sri Lanka investment dialogue held at MODSIT strengthens economic relations

  • by boi_admin
  • October 16 2019
  • News

Mr Thorsten Bargfrede, Deputy Head of Mission, Embassy of the European Union, H.E Eric Lavertu, Ambassador of France, Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, H.E Tun Lai Margue, Ambassador of the European Union, H.E Tania Gonggriijp Ambassador of the Netherlands, Mr Mangala Yapa, Chairman of the Board of investment of Sri […]

A Real-time and Online Payment Facility for BOI Customers

  • by boi_admin
  • October 15 2019
  • News

LankaPay Technnovation Awards 2019   The Board of Investment of Sri Lanka has taken another significant step forward to provide further convenience to the customers. This initiative is facilitated via LankaPay Online Payment Platform, a real-time and online payment platform of LankaClear. Such an initiative on the part of BOI clearly signifies the importance BOI […]

A NEW 5-STAR HOTEL TO BE BUILT IN KANDY UNDER BOI AGREEMENT

  • by boi_admin
  • October 9 2019
  • News

Mr. Mohamed Nazar Mahamed Rizan, Managing Director of the Company formally receives the Certificate of Registration from Mr Mangala Yapa, Chairman BOI   The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel which will be located at Mavilamada Road, Kandy. The […]

AmSafe Bridport (Pvt) Ltd opens new factory at BOI’s Wathupitiwala EPZ creating new production and employment opportunities

  • by boi_admin
  • October 8 2019
  • News

AmSafe latest products include “Bellyhold nets” for aircrafts   BOI enterprise AmSafe Bridport (Pvt) Ltd opened a new Factory at Phase III at the Wathupitiwala Export Processing Zone. Amsafe Bridport (Pvt) Ltd was established in November 2001 as Wathupitiwala and was 100% British, but is now a US Company. The Company was originally named as […]

MEETING HELD AT MODSIT TO FAST TRACK GERMAN INVESTMENTS IN SRI LANKA

  • by boi_admin
  • October 4 2019
  • News

  The Ministry of Development Strategies and International Trade (MODSIT) and the Board of Investment of Sri Lanka held an interactive meeting titled the German Sri Lankan Fast Track Dialogue with the German investor community, to address any issues faced by investors from Germany currently operating in Sri Lanka. The German delegation was led by […]

MODSIT HOLDS REVIEW MEETING ON BOI BINGIRIYA EXPORT PROCESSING ZONE AND 6 INVESTING COMPANIES

  • by boi_admin
  • September 23 2019
  • News

  Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, met at his Ministry the representatives of 6 companies which have expressed interest in starting operations at the Bingiriya Export Processing Zone. The Minister was assisted by Hon. Nalin Bandara, Deputy Minister Development Strategies and International Trade, Mr. Mangala Yapa, Chairman Board of Investment […]

A visit of leading entrepreneurs from Southern Gujarat Chamber of Commerce (SGCCI) offers increased prospects of increased Indian investment and trade.

  • by boi_admin
  • September 20 2019
  • News

  Representatives of the Southern Gujarat Chamber of Commerce (SGCCI) were hosted by Hon. Malik Samarawickrama Minister of Development strategies and Investment Promotion at this Ministry, for an interactive discussion. Assisting the Minister were Mr. S T Kodikara, Secretary, Ministry of Development Strategies and International Trade, Mr. Mangala Yapa, Chairman of the Board of Investment […]

RECENT VISIT OF THE EUROPEAN COMMISION DELEGATION TO BOI KATUNAYAKE ZONE CONFIRMS VERY HIGH STANDARDS IN INDUSTRIAL RELATIONS AND WORKING CONDITIONS AND ENVIRONMENTAL QUALITY

  • by boi_admin
  • September 12 2019
  • News

  A delegation consisting of 5 senior officials of the European Commission visited the Katunayake Export Processing Zone recently in connection to Sri Lanka’s GSP + status. The delegation consisting of Mr.Thorsten Bargfrede, Charged’ Affaires and Head of Political, Trade and Communication Section, Mr.Walter Van Hattum, Coordinator GSP Trade Preferences, Trade and Sustainable Development, Mr. […]

Under BOI Agreement, Japanese investor to begin manufacturing flexible packaging for Sri Lankan Tea Industry

  • by boi_admin
  • September 9 2019
  • News

0205 – Mr Mangala Yapa, Chairman BOI formally presents the Certificate of Registration to Mr Yusaku Sugano, Managing Director, Sugano Packing Material Ltd. Also present is Mr Dinesh Dahanayake, Director. The project represents an investment of US$ 7.5 Million   The Board of Investment of Sri Lanka signed an Agreement with Sugano Packing Materials Co., […]

OPENING OF BOGAMBARA CULTURAL PARK WILL BRING CONSIDERABLE BENEFITS TO KANDY

  • by boi_admin
  • August 27 2019
  • News

  A ceremony was held on 24th August 2019 at the site of the Bogambara Prison Complex Redevelopment to announce the opening of Phase I of the project for the Bogambara Cultural Park as well as the inauguration of these. The project was officially opened by Hon. Ranil Wickremesinghe, Prime Minister of the Democratic Socialist […]

Sri Lanka Business and Investment Forum at Gujarat Chamber of Commerce and Industry

  • by boi_admin
  • August 19 2019
  • News

  The Board of Investment of Sri Lanka recently held a Business and Investment Forum at the Gujarat Chamber of Commerce & Industry (GCCI) in Ahmedabad, targeting the Chamber’s membership . This Forum was supported by the Sri Lankan High Commission in New Delhi and the Sri Lanka Consulate General in Mumbai. Hon. Malik Samarawickrama […]

Sri Lanka’s skilled workforce has shown its capability to perform in a stellar way, in spite of the challenges faced by the country in recent months.

  • by boi_admin
  • August 1 2019
  • News

Sri Lanka’s skilled workforce was not affected by the recent events that occurred on Easter Sunday when several churches and hotels were attacked by terrorists.  The workforce in the electronics industry showed a very high turnover according to leading investors in that sector.   The industry has not been affected in any way by the […]

වාණිජ කේන්ද්‍රස්ථාන තුල පශ්චාත් පාරිභෝජන භාණ්ඩ / අපද්‍රව්‍ය සැකසීම

  • by boi_admin
  • July 26 2019
  • News

  2013 අංක 1 දරණ වාණිජ කේන්ද්‍රස්ථාන පනත යටතේ මෙහෙයුම් සිදුකරන වාණිජ කේන්ද්‍රස්ථාන ලෙස ස්ථාපිත සමාගම් විසින් පශ්චාත් පාරිභෝජන භාණ්ඩ / අපද්‍රව්‍ය ආනයනය, සැකසීම සහ ප්‍රති අපනයනය සම්බන්ධව පසුගිය දින කිහිපය තුලදී ඉදිරිපත් කරන ලද  විවිධ අර්ථ දැක්වීම් සහ මාධ්‍ය නිවේදන සම්බන්ධව ශ්‍රී ලංකා ආයෝජන මණ්ඩලය නිවැරැදි තත්වය මෙලෙස පැහැදිලි කරනු ලබයි.   වාණිජ කේන්ද්‍රීය […]

Processing of post-consumer material/waste by hub operators

  • by boi_admin
  • July 25 2019
  • News

In view of several interpretations and media releases in respect of importation and processing of post-consumer wastes by the Hub Operators conducting their operations under the Commercial Hub Regulation No. 1 of 2013, the Board of Investment of Sri Lanka wishes to clarify the correct status.   The Commercial Hub Regulation enable the Hub Operators […]

Clarification – Importation of Post-Consumer goods for re-export by a BOI Enterprise

  • by boi_admin
  • July 19 2019
  • News

The recent reference in media regarding 102 containers of contaminated material imported by a BOI enterprise is factually incorrect in that the consignee of the said goods is not a BOI enterprise, operating within a BOI zone or otherwise. These containers are lying in the Port of Colombo. The BOI further wishes to clarify on […]

ශ්‍රී ලංකා ආයෝජන මණ්ඩලයේ කරුණු පැහැදිලි කිරීම

  • by boi_admin
  • News

පසුගිය දිනවලදී මාධ්‍ය මගින් අනාවරණය කරන ලද භාවිතා කරන ලද භාණ්ඩ ඇතුලත් බහාලුම් 102 ක් ආනයනය කරනු ලැබ ඇත්තේ ශ්‍රී ලංකා ආයෝජන මණ්ඩලය යටතේ ලියාපදිංචි වූ සමාගමක් විසින් නොවේ. ශ්‍රී ලංකා ආයෝජන මණ්ඩලය යටතේ ලියාපදිංචි ආයතනයක් වන හේලීස් ෆ්‍රී සෝන් (Hayleys Fee Zone) සමාගම වර්ෂ 2013 අංක 1 දරන පනත යටතේ ක්‍රියාත්මක වන ආයතනයකි. ඒ […]

Fantasy Island

  • by boi_admin
  • July 18 2019
  • News

Alexander Melchers, Managing Director, Melchers Group in South East Asia formally receives the Certificate of Registration from Mangala Yapa, Chairman, BOI. Michael Perera, Chairman, CMC Engineering Export is also in the photo.   Fantasy Island (Private) Limited is proud to announce that the BOI agreement has been executed on July 17th 2019 and is confident […]

BOI inks agreement with edotco to equip Sri Lanka with Smart City Solutions

  • by boi_admin
  • July 17 2019
  • News

  The Board of Investment (BOI) of Sri Lanka and edotco Sri Lanka, an integrated telecommunications infrastructure services company today entered into an agreement to invest in the latest Smart City solutions and energy efficient systems towards further developing the country’s connectivity landscape. Under this agreement, the BOI grants edotco Sri Lanka the approval to […]

Hellmann mas supply chain sign agreement with BOI for an expansion unit for logistics center for a globally recognized leader in sports and activewear

  • by boi_admin
  • July 10 2019
  • News

  The Board of Investment of Sri Lanka signed an agreement with Hellman MAS Supply Chain Private Ltd for an expansion unit for a logistics center and as the existing facility is now been expanded to provide additional services to an evolving successful partnership supporting a leading global sports and activewear brand. The Agreement was […]

BOI signs a new agreement with Japanese company to set up a Boutique Hotel.

  • by boi_admin
  • July 8 2019
  • News

Hiroyuki Ota, Director, Wakana JPN (Pvt) Ltd formally receives the Certificate of Registration from Mangala Yapa, Chairman BOI. Sunil Wickrama, Director Wakana JPN is also in the picture   The Board of Investment of Sri Lanka signed recently a new Investment Agreement with Wakana JPN (Pvt) ltd. The Agreement was signed on behalf of the […]

Maharagama Donation

  • by boi_admin
  • July 5 2019
  • News

The Buddhist Society of the Board of Investment of Sri Lanka formally donated Multipara Monitors and Drugs to the Apeksha Hospital, Maharagama. The donation of items to the Apeksha Hospital by the BOI Buddhist Society is an annual event as the Board is keen to promote a culture of caring for those in need. Mrs. […]

Solar power by Vydexa (Lanka) Power Corporation offers environmentally friendly energy solutions

  • by boi_admin
  • July 4 2019
  • News

  The Energy sector, especially renewable energy such as solar energy is an important segment of investment for the Board of Investment of Sri Lanka. Energy is important for both the public and for economic and industrial development. Vydexa (Lanka) Power Corporation (Pvt) Ltd has set up under the BOI a 10 MW solar photovoltaic […]

Otara shares her life experiences with BOI staff under reach the peak lecture scheme

  • by boi_admin
  • July 3 2019
  • News

    Mrs. Otara Gunawardena, leading entrepreneur and environmental and animal rights advocate addressed the BOI staff at the Board’s Auditorium recently. The lecture focused on Otara’s successful career as an entrepreneur, and her creation of a well-known brand in the country from an initial US$50 to US$50 million. In addition she spoke on how […]

Sri Lanka – Germany fast track dialogue held to assist German investors in Sri Lanka

  • by boi_admin
  • July 2 2019
  • News

  The Sri Lanka – Germany Fast Track Dialogue was held recently at the Ministry of Development Strategies and International Trade with the objective of addressing central issues faced by German Enterprises operating in Sri Lanka under the BOI as well as facilitate new investments. Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade […]

South Korean investor expresses strong support and confidence in Sri Lanka – new BOI agreement to produce packaging items for export signed

  • by boi_admin
  • June 27 2019
  • News

  The Board of Investment of Sri Lanka signed recently supplementary agreement with J and D Venture (Pvt) Limited. The agreement was signed on behalf of the BOI by Mr. Mangala Yapa, Chairman of the Board and on behalf of company by Mr. Seong Eun Lee and Mrs. Seok Ok Jang, Directors. Mr. Jeong Ho […]

INSEE Ecocycle extends waste management services to BOI for the next 16 years

  • by boi_admin
  • June 25 2019
  • News

(From Right to Left) Chairman of Board of Investment Sri Lanka, Mangala B. Yapa exchanging the agreement with Chairman/CEO of INSEE Cement Sri Lanka, Nandana Ekanayake at the formal signing ceremony which was held at BOI head office. Also seen in the picture are Director of INSEE Ecocycle Lanka (Private) Limited, Sanjeewa Chulakumara and INSEE […]

Spanish Investor To Build Hotel Resort At Yala – Expresses Confidence And Support For Sri Lanka

  • by boi_admin
  • June 14 2019
  • News

  The Board of Investment of Sri Lanka signed an Agreement with Putus Brother’s Sustainable Developments (Private) Limited to build, construct and operate a 15 cabana Hotel Project in Palatupana, Yala.   The Agreement was signed on behalf of the Board of Investment of Sri Lanka by Mr. Anil Amarasuriya, Board Member and Acting Chairman […]

Japanese Investor Reiterates his confidence in Sri Lanka

  • by boi_admin
  • June 11 2019
  • News

  In the aftermath of the disruption caused by the tragic events on Easter Morning on 21st April 2019 the Board of Investment represented by its Media and Publicity Director Dilip S. Samarasinghe spoke to Mr. Jitsuo Mikasa, President of Tosslec Co. Ltd., of Kyoto, Japan whose subsidiary Tos Lanka Co. (Pvt) Ltd., has been […]

RENEWED FOREIGN INVESTOR CONFIDENCE IN SRI LANKA: THE BOI SIGNS OFF ON LUXURY RESORT “THE PLANTATION KOGGALA”

  • by boi_admin
  • June 6 2019
  • News

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BOI SIGNED AGREEMENT WITH SLT, GRANTING APPROVAL TO INSTALL EQUIPMENT IN 157 SITES.

  • by boi_admin
  • May 28 2019
  • News

  Granting approval to install telecommunication equipment in 157 sites, the BOI signed an agreement with the National Communication Service Provider, Sri – Lanka Telecom (SLT) recently. This approval was also permitted by the Telecommunication Regulatory Commission of Sri Lanka (TRCSL).   On behalf of the BOI Mr. Mangala Yapa, Chairman of the Board signed […]

Agreement signed between BOI and Hutchison Telecommunication Lanka (Private) Limited will strengthen telecom infrastructure

  • by boi_admin
  • News

The Board of Investment of Sri Lanka signed a supplementary Agreement with Hutchison Telecommunications Lanka (Private) Limited permit the enterprise to set up a warehouse facility to be used for storage at Diyabula Estate, Wattala. The Agreement was signed on behalf of the BOI by Mr. Mangala Yapa, Chairman of the Board and by Mr. […]

Global Seafoods under Agreement with BOI to process Wakame seaweed: A new product added to Sri Lanka’s export basket

  • by boi_admin
  • News

  The Board of Investment of Sri Lanka signed a supplementary Agreement with Global Seafoods Pvt Ltd on 17th May 2019, to process Wakame Seaweed for export in their existing factory complex.  The Agreement was signed on behalf of the BOI by Mr. Mangala Yapa, Chairman of the Board and by Mrs. Radhika Subasinghe, Director […]

BOI Communiqué – 08.05.2019

  • by boi_admin
  • News

Ministers Malik Samarawickrama, Kabir Hashim and Rishad Bathiudeen and Chairman, Board of Investment had productive discussions with H.E. Dr. Mohammed Hamed Al Ruhmy, Minister of Oil and Gas of Oman, the Officials of the Oman Oil Company & Orpic, the integrated Oil & Petrochemical Company (Oman Oil Refineries & Petroleum Industries Company)during their recent visit […]

Mangala Yapa Appointed New BOI Chairman

  • by boi_admin
  • News

Mangala Yapa, a respected professional with extensive private sector and public sector experience, has been appointed as the new Chairman of the Board of Investment by H.E. President Maithripala Sirisena. Mr. Yapa assumed duties as the 22nd Chairman of the country’s apex investment promotion authority, following an earlier stint as a Member of its Board. […]

Largest ever FDI sign of working Govt. says PM

  • by boi_admin
  • News

$3.8b refinery inaugurated with fanfare in H’tota on RW’s b’day  PM says latest investment shows H’tota is open to all countries  Outlines plans to increase projects, develop investment zone  Mattala to be operational in three months, tourism corridor from Mattala to Katunayake planned  Insists Govt. has delivered on promises, converted H’tota’s “white elephants” into viable […]

BOI Statement Regarding Oil Refinery Project in Hambantota

  • by boi_admin
  • News

We refer to the recent Reuters news report with regard to the above project . We are aware that there is no agreement that has been signed between Oman’s Ministry of Oil and Gas and Silver Park International PTE Ltd with regard to equity arrangements of the project. However, we are aware that Oman Oil […]

Ground breaking Ceremony of Two Landmark Investment Projects in Mirijjawila Export Processing Zone

  • by boi_admin
  • News

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The 8th EU- Sri Lanka investor dialogue consolidates economic relations and resolves important matters

  • by boi_admin
  • News

The 8th EU- Sri Lanka investor dialogue consolidates economic relations and resolves important matters – The liberalization of shipping sector was discussed. The 8th EU-Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade recently. Many of the earlier outstanding matters had been resolved through dialogue and the joint efforts […]

Under a new agreement with BOI, a leading Indian Investor to manufacture Aluminium Food Containers and Aluminium Wrap at Mirigama EPZ

  • by boi_admin
  • News

The Board of Investment of Sri Lanka signed an Agreement with ARD Aluminium (Pvt) Ltd to set up a factory to manufacture aluminium food containers with lids and aluminium home foil wrap for food. Currently these products which are popularly used by the catering industry are largely imported from other countries, notably China. This company […]

HIGH POWERED TEAM FROM MICHELIN HOLDS DISCUSSIONS WITH BOI CHAIRMAN AND DIRECTOR GENERAL- FRENCH TIRE MANUFACTURING GIANT TO SET UP IN SRI LANKA AS BOI ENTERPRISE

  • by boi_admin
  • News

  A delegation from Michelin, the French tire manufacturing giant met with the BOI chairman Mr Hemasiri Fernando and Mrs Champika Malalgoda, Director General of the BOI. Mr Eric Le Corre, Group Director for Public Affairs of Michelin was accompanied by Mrs Nandita Khurana, Zone Head- Legal Africa, India, Middle East and Director Public Affairs […]

JOHN KEELLS GROUP LOGISTICS CENTRE TO BE BUILT IN WATTALA UNDER NEW AGREEMENT WITH BOI

  • by boi_admin
  • News

The Board of investment of Sri Lanka signed an Agreement with Logipark International (Pvt) Ltd to construct, commission and operate a logistics center to provide integrated logistic services, container freight station, multi country consolidation and a range of local and international logistics solutions. The Agreement was signed by Mr. Zafir Hashim, Sector Head – Transportation […]

Hutch and BOI in supplementary agreement with USD 115 million in investment

  • by boi_admin
  • February 15 2019
  • News

From Left: Ms. Sharmini Jayasuriya Head of Legal Hutch, Mr. Lalith Fernando Chief Financial Officer Hutch, Mr. Bandhunath De Alwis Advisor Finance & Operations Hutch, Mr. Thirukumar Nadarasa CEO Hutch, Mrs. Champika Malalgoda Director General of BOI, Mrs. Shama Herath Senior Deputy Director Legal (BOI). The Board of Investment of Sri Lanka signed a Supplementary […]

BOI PROJECT BELLEVUE RESIDENCIES (PRIVATE) LIMITED PROJECT TO INTRODUCE HIGH-RISE LIFESTYLE TO JA-ELA – PROJECT WILL INTRODUCE ADVANCED CONSTRUCTION TECHNOLOGY

  • by boi_admin
  • February 12 2019
  • News

The BOI signed an agreement with Bellevue Residencies (Private) Limited which is a mixed development project for a 35-storey Tower and shopping complex. The unique aspect of this project is that it will be constructed in Ja-Ela and it is the first time that such a high-rise tower is built outside the city of Colombo. […]

International Partnership with British Company to Manufacture Disposable Medical Devices in Sri Lanka signed with BOI

  • by boi_admin
  • February 7 2019
  • News

A leading UK manufacturer has gained BOI approvals to begin laying the foundation for its newest state of the art manufacturing facility in Sri Lanka. Flexicare (Group) Limited is a UK headquarted manufacturer and supplier of medical devices, with subsidiaries in over 12 countries and 2 manufacturing sites, providing disposable medical consumables to over 110 […]

BOI SIGNS AGREEMENTS FOR HOTEL, FABRIC MANUFACTURE, AND WAREHOUSE & LOGISTICS FACILITY

  • by boi_admin
  • News

The Board of Investment of Sri Lanka signed Agreements for 4 new projects recently. The companies representatives signed the agreements with the BOI. Representing the BOI was Ms. Champika Malalgoda, Director General of the Board of Investment of Sri Lanka. One of the Agreement signed was with Arihara Lanka Dream Company (Private) Limited to set […]

BOI signs MOU with Coast Conservation Coastal Resources Management Department – Investor Facilitation further enhanced

  • by boi_admin
  • January 25 2019
  • News

The Board of Investment of Sri Lanka signed a Memorandum of Understanding with the Coast Conservation & Coastal Resources Management Department. The MOU was signed on behalf of the BOI by Mrs. Champika Malalgoda, Director General of the BOI and by Mr. B K Prabath Chandrakeerthi, Director General of the Coast Conservation & Coastal Resources […]

Horana Export Processing Zone Contributes US$ 31.8 Mn In Export Revenue

  • by boi_admin
  • News

The BOI’s Horana Export Processing Zone contributed US$ 31.8 Mn (Rs.5, 796.7 Mn) in export revenue as at end of 2018. Horana Export Processing Zone is located in the Kalutara District in the Western province. It is located 80 Km away from Bandaranayake International Airport, 55 Km from Colombo Port and only 18 Km to […]

Boi Signs Agreement For New Apartment Complex In Colombo

  • by boi_admin
  • News

The Board of Investment of Sri Lanka signed an agreement with HNJ Towers (Pvt) Ltd to build a mixed development project located at R A De Mel Mawatha, Colombo – 3. The agreement was signed on behalf of the Board by Mr. Hemasiri Fernando, Chairman of the BOI. Mr. Imzaan Haqque, Chief Operating Officer of […]

Agreement Signing – 07.01.2019

  • by boi_admin
  • January 10 2019
  • News

Description of the project Skylift Container Depot and Logistics (Private) Limited. To set up a facility that would be engaged in warehousing and logistic services with a container depot. Location – Walgama, Malwana. Date of Signed – 07th January 2019. Investment Value – US$1.83 million Employment Generation – 49 Download Best WordPress Themes Free DownloadDownload […]

Agreement Signing – 31.12.2018

  • by boi_admin
  • News

Description of the project ARC Estate (Private) Limited. To set up a Service Apartment Complex. Location – No – 65, Horton Place, Colombo – 07. Date of Signed – 31st December 2018. Investment Value – US$ 5.168 Mn Employment Generation – 100 Download Nulled WordPress ThemesDownload WordPress ThemesPremium WordPress Themes DownloadFree Download WordPress ThemesZG93bmxvYWQgbHluZGEgY291cnNlIGZyZWU=download redmi […]

Agreement Signing – 31.12.2018

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  • News

Description of the project Australasian Higher Education Services (Private) Limited. To set up a Hospitality Management Training Institute. Location – No – 59A, Alexandra Place, Colombo – 07. Date of Signed – 31st December 2018. Investment Value – US$ 0.64 Mn Employment Generation – 26 Premium WordPress Themes DownloadDownload Best WordPress Themes Free DownloadDownload WordPress […]

BOI signs agreement for warehousing and logistic project in Malwana : New facility will be advantageous to exporting enterprises.

  • by boi_admin
  • News

The Board of Investment of Sri Lanka signed an Agreement with Skylift Container Depot and Logistics (Private) Limited to set up a facility that would be engaged in warehousing and logistic services with a container depot. This project with a total value of US$1.83 million will be located at Walgama, Malwana and provide employment for […]

BOI’s Biyagama Zone honoured with prestigious industrial relations award

  • by boi_admin
  • January 4 2019
  • News

The Biyagama Export Processing Zone of the Board of Investment of Sri Lanka was honoured recently for achieving a very high standard in “Social standard and Workplace co-operation”.  The Biyagama EPZ received a Silver Award from the Department of Labour, Ministry of Labour and Foreign Employment and Department of Petroleum Resources Development. This award was […]

BOI signs Agreements for Hospitality Industry Academy and Service Apartment Complex

  • by boi_admin
  • News

The BOI signed an Agreement with the Australian Academy of Hospitality (AAH) recently. Mr. Hemasiri Fernando, Chairman, signed on behalf of the Board. Mr. Kalum de Silva, Managing Director of AAH signed the Agreement on behalf of the Company. Also present at the signing ceremony was Mrs. Champika Malalgoda, Director General of the BOI and […]

BOI’s Seethawaka Export Processing Zone, contributed US$ 294 million in Export Earnings in 2018

  • by boi_admin
  • December 24 2018
  • News

  The BOI’s Seethawaka Export Processing Zone, contributed US$294 Mn (Rs.52,842 Mn) in export revenue as at end of October 2018. It was Rs. 65,791  Mn. in the year of 2017. Seethawaka Export Processing Zone is the only zone located in the Colombo District. It is 47 Km from Colombo via low –level road and […]

New BOI Projects signed in Tourism and Pharmaceutical Sectors: future Hilton Hotel in Yala, I V Fluids to be locally made

  • by boi_admin
  • December 21 2018
  • News

The Board of Investment signed Agreements for projects in the field of hotels and the manufacture of pharmaceuticals. The Agreements were signed on behalf of the BOI by the Chairman Mr. Hemasiri Fernando. Also present was Mrs. Champika Malalgoda, Director General of BOI. The Wild Beach Resorts (Private Ltd) project is to set up, construct […]

Board of Investment of Sri Lanka has revised BOI Rates with effect from 01/01/2019

  • by boi_admin
  • December 12 2018
  • News

SCHEDULE  I LAND PREMIUM AND GROUND RENT FOR ENTERPRISES IN THE EXPORT PROCESSING ZONES/INDUSTRIAL PARKS  Minimum Rate When Calling for bids Charges per Acre Column I Column II No. Export Processing Zones and Industrial Parks Non Refundable Land Premium Payable Upfront  US$ Ground Rent (per annum) US$ 1. *Katunayake 60,000.00 5,130.00 2. *Biyagama 60,000.00 5,130.00 […]

Agreement Signing – 30.11.2018

  • by boi_admin
  • November 30 2018
  • News

  Description of the project Braybrooke Residential Tower (Pvt) Ltd. To set up an Apartment Complex. Location –  1) No-294/1 – 294/6, Colvin R De Silva Mawatha, Colombo – 02. 2) No – 11 & 15, Braybrooke place, Colombo – 02.   Date of Signed – 30th November 2018.   Investment Value – US$ 98.22 […]

Attraction of investment into the Trincomalee district by BOI fuels significant development and employment generation

  • by boi_admin
  • October 23 2018
  • News

The Board of Investment of Sri Lanka has played a vital role in promoting and developing the economy of the Eastern Province of the island.  In the past, the district of Trincomalee had suffered as a result of the internal conflict faced by the country.   Economic development generated by investment has fostered and brought about […]

The Wathupitiwela Export Processing Zone Contributes US$25.6 million in Export Earnings

  • by boi_admin
  • July 25 2018
  • News

The BOI’s Wathupitiwela Export Processing Zone (WEPZ) located in the Western Province is an important industrial area that has contributedUS$ 25,599,216.25 (US$ 25.6 Mn) in export revenue as at end of March 2018. WEPZ is located in the Gampaha District, about 42 Km away from Colombo. It was established in 1998 on a land area […]

BOI HOSTS CHINESE DELEGATION FROM YUNNAN AND XIAMEN

  • by boi_admin
  • July 31 2018
  • News

A delegation consisting of officials and entrepreneurs from Yunnan province and from the visits of Xiamen in China visited the BOI in order to promote the participation of Sri Lankan State and Private institutions at the 20th China International Fair for Trade and Investment (CIFIT) that will be held in Xiamen in 08 – 11 September […]

Tourist arrivals up 6% in July

  • by boi_admin
  • August 8 2018
  • News

The total number of tourist arrivals to Sri Lanka during July 2018 was 217,829. In comparison to July last year, there is a growth of 6 % when the arrivals were 205,482. The largest source market for tourists in July was India, followed by China and United Kingdom. As at July 31, 1,382,476 tourists had […]

BOI HOSTS DELEGATION FROM LEADING CHINESE CHAMBER OF COMMERCE

  • by boi_admin
  • August 29 2018
  • News

A delegation of 14 entrepreneurs from one of China’s leading business chambers, the China International Chamber of Commerce for the Private Sector (CICCPS) visited the BOI with a view of exploring possibilities of investment in the island. CICCPS is one of China’s leading chambers with a membership of over 4 million companies.   This membership includes […]

New Scheme to dispose of non-hazardous waste becomes operational at BOI Biyagama Export Processing Zone

  • by boi_admin
  • October 8 2018
  • News

A new scheme to dispose of non-hazardous solid waste was formally launched at the BOI’s Biyagama Export Processing Zone (BEPZ), at its Material Recovery Centre (MRC).   Participating at the event were Mr. M K D Lawrance, Executive Director (Zones), Mr. Sanjeewa Chulakumara, General Manager, Insee Geocycle of Holcim and Ms. Sharika Senanayake, Director, Environmental Sustainability […]

Six panel caps exported to the USA from the BOI’s Malwatta Export Processing Park

  • by boi_admin
  • October 2 2018
  • News

The BOI’s Malwatta Export Processing Park (MEPP) contributed Rs 2,832Mn (US$ 18 Mn) in export revenue as at end of 2017. MEPP is in Nittambuwa, in the Gampaha District, about 38 Km away from Colombo. It was established in 1998 on a land area of 32.8 acres of which 26.32 acres are industrial land. The […]

High powered delegation to promote investment and exports in Germany

  • by boi_admin
  • September 25 2018
  • News

A High powered investment delegation led by Hon. Malik Samarawickrama Minister of Development Strategies and International Trade will make a strong pitch this week for German investment to Sri Lanka. The delegation will visit Frankfurt, Hamburg and Berlin and meet with senior German officials, as well as captains of German industry.  The Sri Lankan delegation […]

BOI HOLDS DISCUSSIONS WITH LEADING SINGAPORE LEGAL PROFESSIONALS AND BUSINESS DELEGATION

  • by boi_admin
  • September 19 2018
  • News

The Board of Investment of Sri Lanka hosted a delegation of 25 members from the Singapore Business Federation and Law Society of Singapore.  The delegation consisted of entrepreneurs and senior lawyers led by Mr. Gregory Wijeyendran President of the Law Society of Singapore. The Law Society of Singapore is a body established under the Legal […]

BOI HOLDS DISCUSSIONS WITH LEADING SINGAPORE LEGAL PROFESSIONALS AND BUSINESS DELEGATION

  • by boi_admin
  • September 3 2018
  • News

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“MAGNETIC NORTH” BOOMING AS THE NEW BOI INVESTMENT DESTINATION

  • by boi_admin
  • October 15 2018
  • News

The Northern Province has benefited from investment as a result of the efforts of the Board of Investment of Sri Lanka.   The BOI opened a dedicated office in Jaffna in 2010 to attract and facilitate investment into the province.   Whilst it is correct to say the Northern Province does have considerable potential, many opportunities still […]