who_we_are_dk_Kiosk – Investment Opportunities – Board of Investment of Sri Lanka

Who we are

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. 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. In carrying out its primary function of investment promotion, the BOI aims at sector based investor targeting, while specializing in aftercare, navigating and regulating investor operations to reach its true and highest potential throughout the lifespan of the enterprise.

1,600+

Companies in Operation
under BOI.

64%

National Exports.

83%

National Industrial Exports.

96%

National Garment & Textile Exports

485,000

Direct cumulative employment

- Vision -

“To make Sri Lanka the most preferred destination for sustainable investment in Asia”

- Mission -

“BOI will work in a positive and speedy manner to fulfill Sri Lanka’s potential to attract and retain quality investment that leads to an enhanced export base, and brings more and better jobs, enhanced knowledge and skills through new technologies and innovations.”

Leadership

Mr. Dinesh Weerakkody (D.BA) is a former Chairman of Hatton National Bank PLC and Commercial Bank of Ceylon PLC. Dinesh is the vice Chairman of the Employers’ Federation of Ceylon, Immediate Past Chairman of International Chamber of Commerce Sri Lanka, and the Vice Chairman of the Sri Lanka Institute of Directors of Sri Lanka and Director of several companies.

He is currently an Advisor on Treasury Affairs to the President and the Chairman of the Colombo Port City Economic Commission. He is also a former Chairman of the Employees’ Trust Fund Board of Sri Lanka, the International Chamber of Commerce Sri Lanka, the National Human Resource Development Council of Sri Lanka. He was also an Advisor to the Prime Minister of Sri Lanka, Ministry of National Policies and Economic Affairs and to the Minister of Tourism Development.

Mrs.Renuka Weerakone is an Attorney-at-Law by profession counting over 31 years of experience and commenced her working career as an instructing attorney with a leading Law firm in Colombo. She is also a licensed Notary Public and Commissioner for Oaths. In addition, she holds a Master’s Degree in Business Administration from the Postgraduate Institute of Management, University of Sri Jayawardenepura. She currently serves as the Director General (Actg) at the BOI previously holding the post of Executive Director heading Project Monitoring. In her career at the BOI spanning over 27 years, she has gained a wealth of experience and broad knowledge to facilitate activities of foreign direct investment projects with her work in several key departments including Promotions and Investments and held the post of Board Secretary over five years concurrent to her other duties. She has represented the BOI at local and International Forums including the Second Round negotiations of the proposed Sri Lanka – China FTA held in Beijing, the Joint Council under US-Sri Lanka Trade & Investment Framework Agreement in Washington, and outward investment promotion missions to China, the UK, USA, Japan, and Russia among other countries. She has also been an active member of Steering Committees, Policy Committees, Inter-Agency Committees tasked with resolving issues faced by investors to fast-track implementation of investment projects.