Trade & Investment

Trade & Investment

Invest in Sri Lanka

Sri Lanka is a highly conducive location for investment opportunities in the South Asian region offering a well-educated and skilled work force, low cost manufacturing environment and attractive incentives, combined with an ideal location mid-way between international sea and air routes. The Government has created a strategic road map for improving and reforming the investment climate. The Government is also preparing legislation to establish a single window for investment approval. The targeted outcome is to bring Sri Lanka within the top 70 nations of the Doing Business Index by 2020.

Major investment initiatives include the Western Megapolis infrastructure projects worth approximately US$ 40 billion to be implemented over a period of 15 years, development of the Colombo International Financial City (CIFC) worth approximately US$ 1.5 billion, and development of the Kandy, Colombo, Hambantota Economic Corridor and the Eastern region development plans, including Trincomalee and surrounding areas.

Why Sri Lanka

  • Strategically connected to major shipping/air routes between East and West
  • Stable democratic Government
  • Total foreign ownership
  • 99 years land lease opportunities for foreign investors
  • No restrictions on the repatriation of earnings
  • Safety of foreign investments guaranteed by the Constitution
  • Safety of patents and strong Intellectual Property laws in line with WIPO regulations
  • National Treatment is guaranteed
  • Educated and adaptable workforce
  • English speaking workforce
  • Developed infrastructure
  • Export Processing zones
  • Quality of life
  • Signatory to the Multilateral Investment Guarantee Agency (MIGA) of the World Bank.
  • Investment Protection Agreement and Double Taxation Relief Agreement with over 25 countries including Korea.
  • No Tax on Land Lease

Target FDI sectors from Korea

01. Manufacturing Sector
02. Infrastructure Developments
03. Tourism
04. Software Industry
05. BPM/IT and IT enabled services and Educational Institutes
06. Apparel and Textiles
07. Agriculture, Dairy and Fisheries

Key Infrastructure Projects and Opportunities for Foreign Investment in Sri Lanka

Sri Lanka A Maritime & Logistics Hub

Prime Minister Ranil Wickremesinghe's Economic Statement in Parliament

Presentation_Investing in Sri Lanka

Presentation_Sri Lanka-An Emerging Economy in South Asia

BOI Project Proposals

Korean Companies in Sri Lanka (Attachment)