Boi sri lanka The Board of Investment of Sri Lanka (BOI) is the apex agency of the government promoting and facilitating foreign direct and local investment in priority sectors of the economy playing a pivotal role in transforming the Sri Lankan economy to become a globally competitive manufacturing and services export hub. It is the main agency that approves any Foreign Direct Investments (FDI) or Local Investments in Sri Lanka. lk) Our Contact. Sep 19, 2010 · The Board of Investment (BOI), Sri Lanka’s premier investment promotion agency, is to be abolished. It outlines the application process and requirements, including completing the application form with relevant information, paying the application fee, and submitting the application to the Director of Investment. Given below is a list of the types of investment that qualify for incentives under Section 17 of the BOI Law, with applicable conditions. It is a joint venture between Morex Industries, India and Forwardair, Sri Lanka. BOI Sri Lanka – Official Website of BOI Sri Lanka investments and expansions of existing projects in Sri Lanka. BOI Sri Lanka | 34,418 followers on LinkedIn. As such, BOI recommends the requirement of visas of investors and skilled workers under identified categories. lk 0776311122 Dec 15, 2021 · During his tenure from 2013-2015, he promoted trade and tourism between Latin America and Sri Lanka, and also helped facilitate United Nations humans rights resolutions among Brazil, Chile, and Argentina to support the Sri Lankan Government. Please pay an amount of US$ 275+VAT or its rupee equivalent in cash or bank draft, in favour of the “Board of Investment of Sri Lanka”. Being the Investment Promoting Agency of the country, the Board of Investment (BOI) plays a vital role to facilitate the companies to enhance the smooth operation of doing business in Sri Lanka. Tel: +94 11 2434403-5 Fax: +94 11 2447994 ifc@boi. It is structured to function as a central facilitation point for investors, which is committed towards improving the country’s investment climate. Some popular places in BOI Zone, Sri Lanka are Inoac Polymer Lanka (Pvt) Ltd, and Inoac Polymer Lanka (Pvt) Ltd. With over 1,600 enterprises under its purview, the BOI contributes over 66% to the country‟s overall export earnings and 85% to the national industrial export earnings. The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. The Economic Transformation Act (ETA) is to provide for the National Policy on Economic Transformation and for the Establishment of the Economic Commission of Sri Lanka The Board of Investment of Sri Lanka (BOI) is a government agency under the Investment Promotion Ministry responsible for facilitating, promoting, and attracting foreign direct investments into the country. The Board of Investment of Sri Lanka is the national agency for promoting and facilitating foreign direct investment. 00 (Minimum Rate / Period of Lease – 30 years) Advise investors with regard to legal aspects in granting approvals to investor companies in relation to matters such as investor company incorporation and connected documentation and company related corporate affairs, land matters impacting approvals, labor law related advice and advice on other connected applicable laws impacting BOI enterprises as well as in connection with foreign direct provision of security service for the head office of board of investment of sri lanka, west tower, world trade center, colombo 01 More Details Macksons continues its business legend by saving much-needed dollars for the country. Leveraging on creativity and experience in Design, R&D and Innovation, the Sri Lankan Apparel Sector has shown steady growth over the past three decades. ŸProviding legal inputs and The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. 5. Prior to her promotion Weerakoon served as the Senior Executive Director of BOI. 2. 1. and other ancillary buildings of BOI projects. Allocated for healthcare and Rs 8 Bn+ allocated for purchase of medical equipment 1. Sri Lanka Accounting and Auditing Standards Monitoring Board 3rd floor Bible House Building, 293 Galle Road, Colombo 3, Sri Lanka 94-11-2301210 94-11-2301211. The Board of Investment of Sri Lanka (BoI) is the investment promotion agency of Sri Lanka, established in 1992. BOI Zone is an area located in Boralugoda, Poruwedanda, Horana, Sri Lanka. lk 0112427492 Ms. As you explore international business, BOI Sri Lanka will provide a team of sector-specific experts supporting every stage of your investment or business cycle – from company registration to your first export. lk www. 75. Basically it aims at highlighting the areas to which special attention should be given by the Engineer/Architect in the design of the Mar 10, 2023 · Board of Investment (BOI) new Chairman Dinesh Weerakkody says Sri Lanka’s value proposition is key to attract investors that can foster job creation and expansion of the economy. Please login. Company TIN : User Name : Password As the Senior Software Development Specialist at the Board of Investment (BOI) in Sri Lanka, I leverage my extensive expertise to deliver efficient and innovative web development solutions for a diverse range of projects. Step 01 Application Submission. Day: November 14, 2024. 09 of 2002 Ÿ Board of Not a BOI Company ? Click Here To Login User guide Click Here To Download First me investors may contact the Board of Investment of Sri Lanka (BOI) to seek further informaon on Sri Lanka Business and Investment Climate. This dedicated Pharmaceutical Manufacturing Zone plans to meet 40% of the domestic demand for pharmaceutical products by locally manufactured drugs while creating a Land Premium: US $35,000. lk Land Premium: US $35,200. Find out how to choose your project category, submit your application, obtain approvals, and start operations in Sri Lanka. It aims to make Sri Lanka the most preferred destination for sustainable investment in Asia, and supports over 1,600 enterprises in various sectors. Dulana Wikramasinghe AO dulanaw@boi. Board of Investment of Sri Lanka (BOI) Investor Facilitation Centre (IFC) Level 27, West Tower, World Trade Center, Echelon Square, Colombo 01, Sri Lanka. Services provided by BOI in zones Approval and facilitation for Export / Import Documentation & Recommendation of expatriate visa Engineering approvals such as building plans, site clearance, issuance of certificate of conformity & provision of dedicated infrastructure facilities such as centralist water and sewerage treatment facilities May 26, 2023 · The Board of Investment of Sri Lanka has received the approval from an expert committee to embark on a pilot project to cultivate cannabis within a BOI zone. The Board of Investment of Sri Lanka is the apex agency for foreign direct investment in Sri Lanka. lk 0112427436 Mrs. 763 Mn in Horana Export Processing Zone: Next Leap of Sustainable Best Practices The newfound government is accelerating its efforts to attract Foreign Direct Investment (FDI) to the country by providing much-needed infrastructure to existing and new investors. “The National Single Window System is a must and finding the right mix of techniques and organisation to do the promotion is key,” emphasises Weerakkody in this BOI Project Proposals - Free download as PDF File (. 00 (Minimum Rate / Period of Lease – 30 years) Feb 8, 2022 · President Gotabhaya Rajapaksa has appointed Renuka M. 21 of 1983 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. 49 of 1992 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. Technology hitherto unutilized in Sri Lanka that would make use of local resources to provide public utilities and infrastructure services. Harshani Hagodaarachchi AD harshanih@boi. 43 of 1980 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. Land Premium: US $50,000. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 4,660. SRI LANKA CUSTOMS While registering with the IS Department, it is required to register with the ICT Unit of Sri Lanka Customs for the purpose of processing import/export CUSDECs (Customs Declarations) in the ASYCUDA WORLD system. Director (BOI)-Environment Management · A confident and highly organized administrative and environment professional with 17+ years of experience. Find various online services related to investment opportunities in Sri Lanka, such as visa application, web submission, declarant portal, and more. Permission from the Board of Investment (BOI) Not all foreign businesses require BOI approval, but industries like manufacturing and retail do. Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology Mrs. Hotline : +94-77-1211213 Telephone : +94-11-2434403 / +94-11-2346131/3 BOI Sri Lanka | 34,570 followers on LinkedIn. Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. Services. lk 0112427478 Ms. 00 per m3 + Monthly Service Charge Temporary exports/Re-export is subject to verification by the relevant verification unit of the BOI. lk One of the key investment promotion initiatives undertaken by BOI last year was the irst ever Sri Lanka Investment Forum held virtually in collaboration with the Ceylon Chamber of Commerce and the Colombo Stock Exchange to globally promote FDI and capital market investments in Sri Lanka. The BOI Act was amended in 1980, 1983, 1992, 2002, 2009 and 2012. Land Premium: US $110,000 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $ 5,200. 5% Of Sri Lanka GDP is spent on health Executive Director - Investment Promotion at Board of Investment of Sri Lanka | Chevening Fellow · My experience spans both the public and private sector, with business development roles providing exposure to a range of industries from the perspectives of investment promotion and facilitation, financial services, key account relationship and account servicing among others with added hands-on an act to amend the board of investment of sri lanka law no. pdf), Text File (. 00 per acre (Minimum rate / Period of lease – 30 years) Ground Rent: US $4900. Amendment 03 (2012) Download. 4. Director General of the Board of Investment (BOI) of Sri Lanka Renuka Weerakone (PICTURED) said that a Digital Platform, which provides a fully automated process will be introduced for the first time to enable local and foreign investors to start their projects quickly. The initial model of development Feb 28, 2022 · BOI Director-General Renuka Weerakone emphasised that it expects to create much of the critical economic change Sri Lanka needs in the next five years. Weerakoon has been with the Board of Investment of Sri Lanka for nearly three decades. Jun 18, 2024 · If you are considering setting up a business in Sri Lanka as an expatriate or a foreign company, it is imperative that you understand the regulations set forth by the Sri Lanka Board of Investment and how to register a BOI certified organization. Investment Application - Except IT Sector. It will be replaced by a new agency, which a Finance Ministry official said, would have wider powers to create a “globally competitive investment climate”. Class 2: buses and minibuses, goods vehicles, construction and earthmoving equipment, heavy general purpose or specialised trucks, trailers and Land Premium: US $10,000. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross cutting major sea and air trade routes and Sea Oct 2, 2021 · Senior Deputy Director (Administration, Environment), Assistant Director (Investor Services, Engineering Services) – Board of Investment of Sri Lanka Jan 15, 2025 · provision of security service for the head office of board of investment of sri lanka, west tower, world trade center, colombo 01 More Details Macksons continues its business legend by saving much-needed dollars for the country. Nov 8, 2022 · Committed to accelerating the transition to renewable energy to address the future power demand growth in Sri Lanka, Gaia Greenenergy Group has entered into two agreements with the Board of Investment (BOI) to install rooftop solar systems for 100 MW worth USD 61 Million investment in the Central Province and the North Central Province. Feb 26, 2024 · Learn the benefits and steps of registering your company with the Board of Investment of Sri Lanka (BOI), the agency that facilitates foreign direct investments. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $4,700. 00 per m3 + Monthly Service Charge 1978 – 2024 Board of Investment of Sri Lanka. IMPORT EXPORT MANAGEMENT ONLINE PORTAL Welcome. The district of Kandy is situated approximately 154 km away from Colombo in the Central Province of Sri Lanka. BOI Sri Lanka | 34,344 followers on LinkedIn. Setting up a business in Sri Lanka as a foreigner or a foreign company requires a good understanding of how the Sri Lanka board of investment operates, the BOI act of Sri Lanka and the requirements to set up a BOI registered company in Sri Lanka. Semini Thilakumara AD seminitt@boi. Screening and monitoring BOI import consignments The Board of Investment of Sri Lanka (BOI) is the sole Government Agency responsible for facilitating Foreign Direct Investment (FDI) to the country. Download as PDF Board of Investment of Sri Lanka (Amendment) Act, No. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against Jan 3, 2025 · Sri Lanka’s Board of Investment (BOI) signed 74 projects in 2024, with an estimated investment of $ 608 million, with the second half of the year showing slow growth, the Finance Ministry said. Lalana Perera AO lalanap@boi. It also lists contact information User Manual for BOI COMPANIES Sri Lanka Customs Registration Website: Introduction Upon completing a successful sign up process, this user guide will provide a detailed guideline for BOI companies to complete the registration process. Setting up business in another country can be overwhelming without proper guidance. 00 (Minimum Rate / Period of lease –30 years) Ground Rent: US $ 5,130. All factory buildings constructed in Sri Lanka should conform to the Factories Ordinance. Useful System Links Login Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. 0 05. Investment Application Oct 21, 2024 · The Board of Investment of Sri Lanka (BOI) has officially appointed Arjuna Herath as its new Chairman. provision of security service for the head office of board of investment of sri lanka, west tower, world trade center, colombo 01 More Details Macksons continues its business legend by saving much-needed dollars for the country. The BOI’s Legal Department Identify the business activity and submit an Application to BOI with a Project Proposal (applications available at www. requirements, we will be held responsible to the BOI and agree to pay customs duties and penalties as applicable. lk 0772921283 Ms. Hotline : +94-77-1211213 Telephone : +94-11-2434403 / +94-11-2346131/3 The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. 12. lk 0714416340 Mrs. Under Section 17 of the BOI law, BOI grants concessions to companies satisfying certain eligibility criteria. Amendment 36 (2009) Download. investsrilanka. Accordingly, the Board of Investment of Sri Lanka expects this program to provide an efficient service with minimal human intervention, eliminating the Jun 2, 2022 · Speaking on the theme of “Which investment facilitation measures are most important”, BOI Sri Lanka Director General Renuka Weerakone stated: “The BOI recently launched its strategic framework for the next five years, which presents a strategic approach in targeting and securing significantly higher levels of quality and sustainable Board of Investment of Sri Lanka (BOI) Investor Facilitation Centre (IFC) Level 27, West Tower, World Trade Center, Echelon Square, Colombo 01, Sri Lanka. 2019 User Manual for Registration Website: Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross The BOI Empowered International Women’s Day by “Accelerating Action” in Multiple Zones HYPER-CONVERGED INFRASTRUCTURE WITH DATA BACKUP AND DISASTER RECOVERY SOLUTION A Glimmer from “The Maison” in the Center of “Cleaner Colombo City” Board of Investment of Sri Lanka Password Land Premium: US $150,000. 00 per acre per annum: Water Charges: Rs. බෞද්ධ සංගමය මගින් 2024 වර්ෂයේ වස් කාලය නිමිති කොටගෙන සිදු කරනු ලබන කඨින පිංකම සදහා මෙවර අනුරාධපුර, නිකලවත්ත, කටුකැලියාව ශ්රි කුඩා Sri Lanka’s proximity to the Indian sub-continent positions the country as a gateway to a market of 1. Rasika Hemanthi AD rasikah@boi. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic wish to invest in Sri Lanka. Explore the sectors, news and services offered by the Board of Investment of Sri Lanka. Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology BOARD OF INVESTMENT OF SRI LANKA. 8 Billion in total investments with signed and approved projects, including FDI Projects of US$ 1. +94-11-2434403 / +94-11-2346131/3 info@boi. As the apex agency for foreign direct investment in Sri Lanka, there are over 1700 Name: Senaka Abeysekara: Designation: Senior Deputy Director: Office Tel +94 47 2258800: Mobile +94 76 4803197: E-Mail: senakaa@boi. txt) or read online for free. The Director at Board of Investment Sri lanka · Experience: Board of Investment Sri lanka · Location: Sri Lanka · 182 connections on LinkedIn. We cater to the FRP industry by supplying a wide range of unsaturated polyester resins and all complementary raw material for the manufacture of fiberglass products . Land Premium: US $20,000. 5% in 2018 Rs. Board of Investment of Sri Lanka Level 24, West Tower, World Trade Centre, Colombo 01 Only Investment Project Proposals which meet the qualifying criteria for BOI status under secon 17 of the BOI law, are eligible for allocaon of land. The Act is still not available publicly and this article is based on the Economic Transformation Bill. The extent of land in this area is specified as 53 acres, 1 rood, and 4 perches. BOARD OF INVESTMENT OF SRI LANKA Level 24, West Tower, World Trade Centre, Colombo 01 Telephone : +94-11-2434403 / +94-11-2346131/3 Fax : +94-11-2448105 1978 – 2024 Board of Investment of Sri Lanka. In line with the ASYCUDA WORLD system, enterprises have to register on the Import A LAW to establish the Board of Investment of Sri Lanka; to vest the said Board with powers necessary for the development and resurgence of the economy of the republic; and to provide for matters connected therewith or incidental thereto. Morex Lanka (Pvt) Ltd is a Board of Investment (BOI) approved company. V. Jun 10, 2016 · The Board of Investment Law (BOI Law) The Board of Investment Law No. Hepz Water Treatment Plant HORANA EXPORT PROCESSING ZONE (HEPZ) WATER SUPPLY SCHEME Bid for Construction of 03-2012-Board of Investment of Sri Lanka (Amendment) (E) Download: 36-2009-Board of Investment of Sri Lanka (Amendment) (E) Download: About Us. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | 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. · Experience: BOI Sri Lanka · Location: Colombo · 500+ connections on LinkedIn. 00 per m3 + Monthly Service Charge May 20, 2024 · The All Union Alliance of the Board of Investment of Sri Lanka (BOI) warns that the proposed Investment Transformation Act to be submitted to the Parliament on 22 May will plunge the investment sector into a severe crisis. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D. The Board of Investment of Sri Lanka (BOI) is the sole Government Agency responsible for facilitating Foreign Direct Investment (FDI) to the country. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic Oct 19, 2024 · Arjuna Herath, a seasoned finance and corporate governance leader, has been named the new Chairman of the Board of Investment (BOI) of Sri Lanka. Industrial Relations Department, Level 24, West Tower, World Trade Center, Colombo 01. 4 1978. She expressed her confidence in the ability of the team at the BOI to deliver despite the challenging global background, backed by a systematic well thought out strategic plan. The project or initiative in this location began in 1969. Projects with concession approved under Sec 17. Document Version Control Version Date Description Author 1. It oversees several Export Processing Zones (EPZs) and Industrial Parks across the country, offering investors tax incentives and facilities. The items are not for the replacement of items already used upon works. 00 per m3 + Monthly Service Charge Mr D M N Dissanayake Director - Investment Appraisal Tel: +94 11-2380185/ +94 112427088 Email: dissanayakemn@boi. According to a response tabled at parliament by Finance and Planning Deputy Minister Harshana Suriyapperuma on 18 December, the BOI signed 41 new Aug 9, 2024 · The Economic Transformation Bill was issued by way of Gazette on 14 May 2024 and was passed in Parliament on 25 July 2024. බෞද්ධ සංගමය මගින් 2024 වර්ෂයේ වස් කාලය නිමිති කොටගෙන සිදු කරනු ලබන කඨින පිංකම සදහා මෙවර අනුරාධපුර, නිකලවත්ත, කටුකැලියාව ශ්රි කුඩා Assistant Director, MBA, BSC (Accounting) special Procurement cum Finance Specialist /Contract Negotiator/ driving cost savings and efficiency · With a proven track record at BOI Sri Lanka, my role as Assistant Director merges strategic procurement expertise with a keen insight into financial management. Feb 27, 2024 · BOI Sri Lanka Feb 27, 2024 Honor Global Industry Lanka signed an agreement with BOI of U$ 8 million to #manufacturer Foam Mattresses, Hybrid Mattresses, and Pillows for the export market. Apply Visa Online Compliances for processing of Visa. Land Premium US $100,000. The document outlines 20 potential investment project proposals across several sectors in Sri Lanka, including tourism and leisure, universities and training, IT and knowledge activities, port operations, healthcare, infrastructure development, and manufacturing. lk (iv) Lodging an Application Duly completed application form to be submitted to the Business Center with the Application processing fee. lk Feb 8, 2022 · President Gotabaya Rajapaksa has appointed Renuka Weerakoon as the new Director General of the Board of Investment of Sri Lanka. 4 of 1978 and its amendments is the principal law applicable to foreign investments in Sri Lanka. Level 24, West Tower, World Trade Centre, Colombo 01. Nov 14, 2024 · Board of Investment of Sri Lanka. View renuka weerakone’s profile on LinkedIn, a professional community of 1 billion members. Joseph’s College, Cairo, Egypt, and then . Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology Board of investment of sri lanka Vacancy Post of Management Trainee . com Board of Investment of Sri Lanka BOI FACILITATION Value Added Tax (VAT) Exemptions/ Deferments Analyze locations Board of Investment of Sri Lanka. About Us. Herath succeeds Dinesh Weerakkody, who held the position for two years. Signature with Institute seal of the Signature with seal of Managing Director/ Oct 19, 2022 · The Board of Investment (BOI) as the catalyst and facilitator of investment promotion, is delighted to announce the launch of the Investor Facilitation Centre (IFC), a dedicated space allocated on the 27th floor at the West Tower of the World Trade Centre (WTC) to provide an efficient and seamless service to investors while streamlining the investment approval process and strengthening the Feb 6, 2025 · The BOI Invests Rs. Submit your Application for BOI approval at invester facilitation center (IFC) Download Applications The document provides guidance for applicants seeking investment approval from the Board of Investment of Sri Lanka under Section 17 of the BOI Law. Jan 29, 2014 · This is contact details of Sri Lanka Board of Investment. 178 Bn. Chanaka in the presence of BOI Chairman Eng. The BOI's Legal Department provides: Introduction ŸLegal services and advice on matters arising from all aspects of the BOI's operations. This was revealed by Investment Promotion State Minister Dilum Amunugama during a media briefing at the BOI headquarters. 5 Billion, State Minister for Investment Promotion Dilum Amunugama said. 3 of 2012 Source : Board of Investment of Sri Lanka Source : Board of Investment of Sri Lanka 3,055 1,792 1,353 955 807 743 664 613 329 598 Housing, Property Development , 19% IT and BPO, 2% Non BOI Projects, 1% Other Services, 8% SRI LANKA : Investment Guide to Sri Lanka 2020 1,189 3500 Dear Customer: We are pleased to inform our valued customers that you can now transfer funds to the Board of Investment of Sri Lanka (BOI) online, by directly connecting to the respective Bank at your convenience, without the hassle of visiting our service centres. The BOI is always commied and prepared to provide advice on maers relang to doing business in Sri Lanka. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against BOARD OF INVESTMENT OF SRI LANKA. ICT is recognized as a thrust sector in sri Lanka’s national Export Strategy, the island has gained global recognition for delivering innovative IT solutions, as an emerging player in the knowledge services industry. Neena Senevirathne AD neenas@boi. Weerakone as Director General (Acting) of the Board of Investment (BOI) of Sri Lanka. T M P Tennakoon Senior Deputy Director Tel: +94 81-2420019 Mobile : +94 71-8058479 Email:prasannat@boi. President She received her primary education at St. These facilities are provided by the Investor Services Department of the BOI Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Oct 19, 2024 · Former Senior Partner and Head of Consulting at Ernst & Young in Sri Lanka and the Maldives, and former Chairman of the Sri Lanka Personal Data Protection Authority, Arjuna Herath, has been appointed as the Chairman of the Board of Investment (BOI) of Sri Lanka Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. It discusses 17 topics related to employment including: employment classification; hours of work; wages and overtime; holidays; leave; industrial safety; trade unions; grievance procedures; disciplinary procedures; termination of employment; and collective bargaining. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against BOI Coordination Directorate coordinate the administrative and operational functions among Sri Lanka Customs, Board of Investment of Sri Lanka, BOI Investors and stakeholders while ensuring the facilitation of legitimate trade practices. Mr. . Contact Phone Numbers of Board of Investment (BOI) Sri Lanka (+94 11) 2385972-6, 2346131-3, 2434403-5, 2435027, 2447531 Contact Fax Number of Feb 27, 2024 · BOI Sri Lanka Feb 27, 2024 Honor Global Industry Lanka signed an agreement with BOI of U$ 8 million to #manufacturer Foam Mattresses, Hybrid Mattresses, and Pillows for the export market. Raja Edirisuriya, Aviation and Export Zone Development State Ministry Secretary The Board of Investment of Sri Lanka would like to link your business venture and innovation ideas with potential business partners. The BOI is an autonomous agency and is the primary government body responsible for foreign investment. The Selected respecve investor shall furnish a refundable deposit or bank guarantee of Mar 5, 2024 · All other industries not mentioned above allow full foreign ownership, making Sri Lanka an attractive destination for foreign businesses. 00 per m3 + Monthly Service Charges The BOI, in order to support developing new industry verticals via import substitution and exports, is establishing a state-of-the-art pharmaceutical zone in Arabokka, Hambantota. This “Guidelines” booklet does not in any way replace the Ordinance. The country’s flagship export sector has evolved from a low-wage driven cost-competitive model towards providing sophisticated solutions to the industry’s more complex demands from the 1978 – 2024 Board of Investment of Sri Lanka. The Labor Standards and Employment Relations Manual issued by BOI lays down good Industrial Relations principles and practices and sets out the basic terms and conditions of employment to be observed by BOI enterprises operating both within and outside the Export Processing Zones of Sri Lanka. All Rights Reserved. Welcome to BOI Zone, Sri Lanka homepage. Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. BOI is structured to function as the Central Facilitation point for investors and empowered to enter into agreements with investors providing investment incentives of Jan 16, 2025 · 572. These facilities are provided by the Investor Services Department of the BOI. A seasoned professional with decades of experience, Herath has held significant roles in both corporate leadership and regulatory bodies. It was established in 1978 under the Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. BOI POLICY ON VISA Nov 14, 2022 · The Katunayake Export Processing Zone (EPZ), the largest zone in Sri Lanka operating under the purview of the Board of Investment (BOI) has been specially recognized for its reinvestment strategy in the fDi Intelligence's Free Zones Awards 2022, reinforcing its position as one of the region’s leading industrial and free zones. He was previously the Senior Partner and Head of Consulting at Ernst & Young (EY) Sri Lanka and the Maldives, and […] Director General Board of Investment of Sri Lanka · BOI Sri Lanka · Sri Lanka Law College · Sri Lanka · 83 connections on LinkedIn. All BOI enterprises are expected to observe the Jan 15, 2025 · The Central Verification Division of the Board of Investment of Sri Lanka, located in Orugodawatte, will digitize many functions, including issuing gate passes, starting today (10th, January). View Lawrance Madapatha’s profile on LinkedIn, a professional community of 1 billion members. කඨින චීවර පූජාව- 2024. 00 per acre (Minimum Rate / Period of Lease – 30 years) Ground Rent: US $12,500. Email : businesscenter@boi. 00 per m3 + Monthly Service Charge The Board of Investment (BOI) of Sri Lanka provides assistance and advice throughout the investment process. BOI is the apex agency for foreign direct investment in Sri Lanka, established in 1978. BOI Profile The Board of Investment of Sri Lanka (BOI) was incorporated as a statutory body in 1978 named Greater Colombo Economic Commission (GCEC), to function as the government’s principal agency for promotion, coordination and facilitation of industrial development in designated areas of Sri Lanka. Oct 19, 2024 · Arjuna Herath has been named the new Chairman of Sri Lanka’s Board of Investment (BOI). Contact Address of Board of Investment (BOI) Sri Lanka Office of the Chairman Level 26, West Tower, World Trade Center, Colombo 01, Sri Lanka. In the event of temporary export/re-import of goods are re-imported to Sri Lanka, relevant temporary export/re-export documents Nov 24, 2023 · Despite external and internal setbacks, the Board of Investment of Sri Lanka (BOI) has achieved Rs. 9 billion people in South Asia combined with the country’s strategic location at the crossroads of major maritime trade routes connecting South Asia, Far East, the European and American continents presents a valuable opportunity for manufacturers pursuing international expansion. Enhanced Capital Allowance Depreciable Assets: Class 1: computers and data handling equipment together with peripheral devices. Ministry of Finance, Planning and Economic Development; Approval is required from the Board of Investment (BOI) prior to the establishment of a foreign business venture in Sri Lanka. lk Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross කඨින චීවර පූජාව- 2024. Focused on optimizing procurement processes, I have developed cost-saving programs and This document outlines the policies and procedures for employment at Board of Investment (BOI) enterprises in Sri Lanka. Sri Lanka is expected to grow upto USD 165 Mn with a steady growth rate of 9. 00 per m3 + Monthly Service Charge Nov 22, 2023 · BOI stands for Board of Investment of Sri Lanka. Jan 15, 2025 · Learn why Sri Lanka is a preferred destination for investment in Asia, with its strategic location, port facilities, innovation and 5G technology. Preface SRI LANKA : Investment Guide to Sri Lanka 2018 1 Mar 15, 2019 · Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. View Asanka Welagedara’s profile on LinkedIn, a professional community of 1 billion members. com Board of Investment of Sri Lanka BOI FACILITATION Value Added Tax (VAT) Exemptions/ Deferments Analyze locations the board of investment (boi) of sri lanka promotes and facilitates labour management co-operation and industrial harmony in the enterprises coming under its purview and, towards that end, provides advisory services and guidance to employers and employees through its industrial relations officers. The Enterprises are advised to submit the following latest payment/documents to BOI for the processing of visas without any interruption. With decades of experience across multiple industries and regulatory bodies, Herath is expected to bring a strong strategic vision to the BOI. On this page, you will find complete information about the area, places, locality and neighborhood of BOI Zone. sdipt snjbah gtl gjtyd kjrl ppxp vgae knldda qixd lngvx quvbww fbxoh qvyvkn nkc llk