Why Sri Lanka
Where Opportunity Meets Growth
Easy Access to International Travel
Sri Lanka’s proximity to the Indian sub continent positions it as a gateway to a market of 1.9 billion people in South Asia. Its strategic location at the crossroads of major maritime trade routes — connecting South Asia, the Far East, Europe, and the Americas — offers a valuable opportunity for manufacturers and investors aiming for international expansion.
Agile Talent Pool
Sri Lanka boasts a multidimensional and versatile workforce ready to meet diverse business needs at competitive costs. The Sri Lankan workforce is globally recognized for its competence in precision manufacturing and its high adaptability to complex processes and operations.
The country emphasizes workforce sustainability through continuous improvements in the national education system, broader access to education, and targeted vocational training programs. These initiatives address the future demands of emerging sectors such as Information Communication and Technology (ICT), Hospitality and Tourism, Light Engineering, and Automotive Manufacturing.
Fast-Developing Infrastructure
Infrastructure development is a national priority in Sri Lanka. Major advancements include:
- Upgraded and expanded seaports
- Modernized international airports
- Development of roads and expressways across the country
- Strengthened power and telecommunication facilities
These infrastructure improvements support seamless business operations and enhance connectivity locally and internationally.
A Great Place to Live
Sri Lanka offers a rich blend of experiences, cultures, and lifestyles. Whether it’s pristine beaches, rolling hills, rainforests, or vibrant cosmopolitan cities, there is something for everyone. The country is renowned for its diverse dining options, lively nightlife, theater, and art scenes.
Sri Lanka also hosts a wide range of international educational institutions and state-of-the-art private healthcare facilities, ensuring a high standard of living for expatriates and their families.
Access to Key Markets
Sri Lanka’s strategic location facilitates participation in free trade and partnership agreements with several of Asia’s major economies. These agreements open the doors for easier access to rapidly growing regional markets.
Avoidance of Double Taxation
Sri Lanka has signed Double Taxation Avoidance Agreements (DTAAs) with 45 countries. These agreements:
- Provide relief from double taxation for foreign investors
- Encourage cross-border trade and investment
- Help avoid fiscal evasion in international transactions
Investment Protection
To further protect foreign investments, Sri Lanka has entered into 26 Bilateral Investment Promotion and Protection Treaties (BITs). These treaties ensure the security and sustainability of foreign investments and reflect the country’s commitment to incorporating sustainable development principles in its investment frameworks.
Sectors
Key Sectors Driving Sri Lanka’s Growth