1. Investment opportunities in Sri Lanka

2. Sri Lanka Total Land Area: 65,610 s.q. km Population: 20.48 Million
Commercial capital & largest city: Colombo
Currency: Sri Lankan Rupee (LKR)
GDP Growth Rate: 7.3% (2013)
Per Capita GDP Income: US$ 3,280 (2013)
Literacy rate: 95.6%

3. Facilitation Body for Foreign Investments
The Board of Investment of Sri Lanka
The central facilitation point for investors for assistance and advice throughout the investment process
36 yrs of experience, an engine of growth creating a considerable impact on the country's economic development
Committed towards continuously improving the country's investment climate
BOI companies today employ over 470,000 workers
65% % of Sri Lankan exports and 86% of the country's industrial exports
Agreement with the BOI remains valid for the life of the enterprise . Provisions unalterable by successive govts.
Facilitates investors on a sector-focused approach, covering all vital areas of the economy.
Country specific information, can be obtained from Country Desk Officer pertaining to the origin of your investment.
Note :
An investment application form can be obtained from the relevant sector.
Duly completed application forms need to be handed over to the relevant sector heads.
The sectors will act as relationship managers for all investors in their sector, from project evaluation to implementation to post - investment aftercare.
Hours of Operation are Monday to Friday : 8.30am to 4.30pm (GMT +5.30)

4. Why Sri Lanka? A) Strong Resilient Economy
Peaceful domestic environment, favorable government policies & improved investor confidence  commendable performance in 2013
The improved performances in all key sectors  high economic growth
Services sector: largest contributor to national economy 56.8%
The strong economic performances  lifted country's per capita income  graduated to middle income status from the list of Poverty reduction & Growth Trust (PRGT) eligible countries
Government plans to transform Sri Lanka into a strategically important economic centre by developing five strategic hubs:
Knowledge hub
Commercial hub
Naval & maritime hub
Aviation hub
Energy hub
Development of hubs based on Sri Lanka's strategic location & resources

5. Index of World Economic Freedom Rankings -2014
Why Sri Lanka?
B) Supportive Government Policies
Pioneer of economic liberalization among South Asia (3+ decades ago)
Government has embraced Strategies and policies conducive for international investment embraced
Transparent investment laws that aim to foster foreign direct investments:
Total foreign ownership
No restrictions on repatriation of earnings, fees, capital, and on forex transactions relating to current account payments.
Safety of foreign investment - guaranteed by the constitution.
Existence of a transparent legal and regulatory framework, covering all prerequisite business law enactments.
Bilateral investment protection agreements (28 countries) & double taxation avoidance agreements (38 countries)
Founder member of the Multilateral Investment Guarantee Agency (MIGA)
According to the Index of Economic Freedom (2014), Sri Lanka has been ranked 90 of 186 countries
Index of World Economic Freedom Rankings -2014
Country
World Ranking
Singapore 2
Indonesia
100
Korea, South 31
India
119
Malaysia 37
Pakistan
126
Thailand 72
Bangladesh
131
Philippines 89
China
137
Sri Lanka 90
Vietnam
147
Burma
162
Nepal
149
Iran
173

6. Why Sri Lanka? B) Supportive Government Policies (contd..)
Efforts intensified to attract investments to target sectors in which Sri Lanka has strong foundation for growth + to areas where it is nationally important to develop.
Incentives to induce high value investment to priority sectors. BOI promotes diversification of Sri Lanka's industry and services with special focus on advanced technology and value addition.
Amendments to the tax system  overall tax regime for all sectors will be less complex and at a lower rate across the economy.
Target Sectors Actively Promoted by Sri Lanka through Board of Investment (BOI)
Export Oriented Manufacturing
Export Oriented Services
Tourism, Tourism Related Projects
Infrastructure Projects
Higher Education/Skill Development
Value Added Strategic Projects
Agriculture (Agro Processing, Fish Based Industry, Dairy)
Establishment of Industrial Estates, Special Economic Zones, Knowledge Cities.

7. Why Sri Lanka? C) Educated and Adaptable Workforce
2011: most literate population in South Asia % (Male: 91.1% and Female: 93.5%)
Investment in public education  a competent, intelligent, trainable workforce that's comfortable with high tech production and services
50% of the students who have completed higher education are trained in technical and business disciplines
Business language: English
Well educated and energetic, skilled and semi-skilled human resources are readily available at competitive wage rates.
Literacy Rates of Selected Asian Countries in 2011
Country
Literacy Rate %
World Ranking
Thailand
94.1 84
Indonesia 92 94
Malaysia
92.5
Sri Lanka
94.2 83
Vietnam
92.8 91
India
74.1
139
Bangladesh
55.9
164
Pakistan
62.2
159
Source : UNDP Report, 2011

8. Why Sri Lanka? C) Educated and Adaptable Workforce (contd…)
Labour force: 49.8 % of the population - men 67.8% & women 33.4%
Reputed for its precision, quality and productivity
Skilled and semi-skilled workers at competitive wage rates
Renowned for high caliber professional skills esp. in Financial Accounting and Marketing sectors
World class reputation in the production of high end garments and lingerie markets
Wage Rates
Country
Min. Wage (USD/Month) [probationer to skilled worker]
Factory Worker Monthly Base Salary (USD/Month)
Bangladesh
Sri Lanka
Pakistan
Vietnam
India
Indonesia
Thailand * * 82
145 *
226
9.85 / Day 74
108
173
113
276
239
345
Our labour force is renowned for a high level of precision, quality and productivity.
A significant factor for this is due to the high literacy rate; and in fact India’s literacy rate in the mid 60%’s and Sri Lanka’s students spend an average 12 ½ years in school. The consequence is that our workers have a much steeper learning curve and will learn new processes and skills that much faster, which in turn leads to higher productivity levels.
Sri Lanka also has a reputation for high quality professional skills especially in the Financial Accounting and Marketing sectors, as evidenced by the fact that the pool of students for both these professional qualifications from the Chartered Institute of Management Accountants and the Chartered Institute of Marketing, both of the United Kingdom, is the 2nd largest after the home country of these Institutions.
BUT, one of the most important factors to be considered is that Sri Lanka has a large Korean language speaking segment in its labour force. I would think that no where else in the world would this situation be present, and certainly not in India.
Why am I saying this? Every year for the last 5 years, 5000 workers from Sri Lanka come to Korea officially, for employment in Korean factories. So as of now there are at least 25,000 Sri Lankan workers in Korea.
At the end of 5 years each batch of 5000 has to come back to Sri Lanka, and that return process has just started. How are these workers selected to go to Korea ? It is based on a Korean language proficiency test. Do you know how many people sat for the Korean language proficiency test last year? You may not believe it, but it was 40,000 people.
What this means is that, there is a labour force in Sri Lanka who can speak the Korean language, who are familiar with Korean bosses, who are used to Korean work ethics and who would also would have the understanding of the Korean culture, plus you also have a significant number of people who could manage to speak the Korean language, and would improve their language skills once they start working in Korean company. This is a huge advantage that Sri Lanka has over India or any other country for that matter, because a Korean investor will have a very good understanding with his workers, from the start.
Source: Investment related costs in Asia and Oceania, 23rd Survey, JETRO, 2013

9. Why Sri Lanka? D) Location and Connectivity
Situated at the crossroads of major shipping routes connecting South Asia, Far East and the Pacific with Europe and the Americas.
Located next to the fast growing Indian sub-continent with close proximity to Southeast Asia and the Middle East.
Strong air connectivity with over 100 weekly flights to India alone.
Connected to the SEA-ME-WE III and IV (South East Asia – Middle East – Western Europe) fibre optic communication backbone with over 11 communication satellites orbiting above the south of the country.

10. Why Sri Lanka? E) Vibrant Business Environment
The most liberalized economy in South Asia
1978: Open market free economic policies adapted
Successive governments further liberalized the economy, leading to deregulation, greater privatization and opening the economy to international competition
Transparent investment laws aim to foster foreign direct investments
100% foreign ownership of companies permitted ie. local partners for foreign investments - not required
100% repatriation of annual earnings/ profits permitted ie. re- investment of proportion in the business – not stipulated
Never defaulted international debt obligations
Commercial laws are based on British laws + highly independent judicial system
Safety of foreign investments guaranteed by the Constitution ie. foreign owned assets cannot be expropriated

11. Why Sri Lanka? E) Vibrant Business Environment (contd…)
Strong Intellectual Property law in line with WIPO and WTO regulations
Guaranteed national treatment ie. no discrimination between a local and a foreign investor
Insurance cover against political risk from Multilateral Investment Guarantee Agency (MIGA) (Sri Lanka is a signatory)
Sense of security & financial advantage (due to the attractive tax holidays) guaranteed by :
Bilateral Investment Protection Agreement with 28 countries
Double Tax Avoidance Agreements with 38 countries including Saudi Arabia on limited basis
Dynamic and resilient private sector - possible joint venture partnership for foreign investors.
Concessions granted under an agreement with the Board of Investment – for qualifying investment projects - remain valid over the lifetime of the enterprise

12. Why Sri Lanka? One of the safest countries in the world to invest
F) Investment Protection and Double Taxation
One of the safest countries in the world to invest
Mechanisms in place to protect investors:
Article 157 of the constitution guarantees the safety of investment protection treaties and agreements approved by parliament by a two thirds majority
Signed Bilateral Investment Protection Agreements (IPA) with 28 countries
Independent system of courts which can redress any concerns of investors
Bilateral Double Tax Avoidance Agreements with 38 countries.

13. Bilateral Investment Treaties signed with:
Australia
Belgium-Luxembourg
China
Czech Republic
Denmark
Egypt
Finland
France
Germany
India
Indonesia
Iran
Italy
Japan
Republic of Korea
Kuwait
Malaysia
Netherlands
Norway
Pakistan
Romania
Singapore
Sweden
Switzerland
Thailand
United Kingdom
USA
Vietnam

14. Double Taxation Avoidance Agreements signed with:
Australia
Bangladesh
Belgium
Canada
China
Denmark
Finland
France
Germany
Hong Kong (Limited)
India
Indonesia
Iran
Italy
Japan
Korea (Republic of)
Kuwait
Malaysia
Mauritius
Nepal
Netherlands
Norway
Oman (Limited)
Pakistan
Philippines
Poland
Qatar
Romania
Russia
Saudi Arabia (Limited)
Singapore
Sweden
Switzerland
Thailand
UAE
United Kingdom
USA
Vietnam

15. Why Sri Lanka? G) Incentives for Investments
Granting of Tax Holidays from years depending on the value of the Investment
Min. Investment LKR 25 ml/ $ 0.25 ml
Corporate tax for Export Oriented Activities (90% export)/ Tourism/ Construction, Industry/ Petroleum Exploration
Duty Free Imports : Capital Goods and Raw materials for Export Oriented Activities, Capital Goods only (for all other categories)
Exemption from Exchange Control: For Companies that export goods (Minimum 90% of total output) and for companies receiving earnings in Foreign Currency for export services

16. Why Sri Lanka? H) Quality of Life
Colombo city: A cosmopolitan living environment
Abundant nightlife, world-class shopping, theatre, cafes, art & star class hotels
Comfortable housing: Luxury condominium apartments ideal for expatriates
Internationally recognized institutions of healthcare & excellent medical facilities
Educational institutions of international standards
World-class recreational sites
Equable climate throughout the year
Unparalleled natural beauty
This is to show you that life in Sri Lanka would be a lovely experience because of the cosmopolitan living environment, recreational facilities, natural beauty, and the different climates that one can experience with a 2 hour drive from any location in Sri Lanka.

17. Why Sri Lanka? I) Access to Key Markets
Only country in the world that has Free Trade Agreements with both India and Pakistan
Market access on a duty free basis to a total market size of 1.5 Billion people - middle class of 500 Mn people (size of entire European Union)
Indo-Sri Lanka FTA (2000) : 100% duty free access to India for 4,232 products. Trade growth by 5+ times.
Pakistan-Sri Lanka FTA (2005) : 100% duty free access to Pakistan for 4,686 products. Trade growth by 3 times.
[Note: 1) To qualify under the above FTAs products need to be wholly produced or have a domestic value addition of 35% value addition FOB level, 2) The HScode transformation needs to be at the 4 digit level for the ISLFTA and 6 digit level PSLFTA. Details provided the BOI website ]
By locating in Sri Lanka, a company can gain preferential trade access to two large regional blocs under the South Asian Free Trade Area(SAFTA) and Asia Pacific Trade Agreement (APTA)
Non -Reciprocal market access to EU and the USA, Japan, Canada, Russia etc, under GSP
FTA with China under negotiations
Market access is another very import factor which is taken into consideration by a potential investor.
Sri Lanka is the only country in the world that has Free Trade Agreements with BOTH India and Pakistan. This means that there is market access on a duty free basis to a total market size of 1.5 Billion people, within which there is a middle class of 500 Mn people, which is a market the size of entire European Union.
We understand that Korea has a Free Trade Agreement with India, but that covers only around 2000 item products, where as Sri Lanka’s FTA’s cover in excess of 4000 products in each market.

18. Preferential market access for products of Sri Lanka origin

19. Why Sri Lanka? J) Rapidly Developing Infrastructure
The Sri Lankan government has launched an ambitious program of physical infrastructure development to completely upgrade the sea, air, road, power and telecom backbone of the country. Main features of this program:
1) Sea Port and Airport Development: Colombo South Port Expansion
The Sri Lankan government has declared its intention to develop the country as a leading regional aviation, navigation and trading hub in South Asia
Development of maritime & aviation transportation is infrastructure development agenda.
Focus: To expand the capacity and improve the efficiency of existing ports through modernization and construction of new ports and airports in strategic locations.
World Port ranking: No. 1 in South Asia
Total container throughput 4 Mn. TEUs
Transshipment cargo 70%
33 major shipping lines
14 feeder services
Capacity to be increased - 12 million TEUs
12 new berths
Will be the deepest port in the region
New port being constructed in South Eastern Sri Lanka
Colombo South port development (under construction)

20. Why Sri Lanka? J) Rapidly Developing Infrastructure (contd…)
3) Expansion of Bandaranaike International Airport
A project is under way to expand the island's first international airport at Katunayake, 35 km north of Colombo.
The project includes the expansion of the transit area, construction of new baggage-reclaim area, multi storied car park and widening of the existing runway.
A feasibility study is being carried out for a second runway.
2) Hambantota Port Development
Phase I of the project, the Mahinda Rajapaksa Magampura Port, was inaugurated in November 2010.
The port is expected initially to function as a service and industrial port and later be developed to handle transshipment cargo.
Phase II of the port is underway at an estimated cost of US$ 800 Mn. The port is ideally located to serve the main East-West shipping lane connecting Europe and the Middle-east with South East Asia.
The bunkering facilities at the Port of Hambantota, set up at a cost of US$ 76.5 million, and the tank farm has commenced commercial operations.
Out of the 14 tanks it has, eight tanks will be used to store marine fuel, three will store aviation fuel and three remaining tanks will be used to store liquid petroleum.
The aviation fuel stored in the Hambantota Port is to be used for the Mattala Airport, the second international airport currently being built in Hambantota.

21. Why Sri Lanka? J) Rapidly Developing Infrastructure (contd…)
4) Development of High Mobility Road Network
Road development in the country, which was left behind last few decades due to the war, has been given prominence by the government.
The national Road Master Plan has already been prepared, which focuses on the construction of highways, widening of highways, reduction of traffic congestion, road maintenance & rehabilitation and bridge rehabilitation & reconstruction.
It has become an urgent necessity for further investment in road network, thus the development of road network has become a major determinant factor in attracting new investments to the country.
a) Colombo - Katunayake Expressway - CKE (25km)
The Colombo – Katunayake Expressway connects the Colombo City and the International Airport at Katunayake. It consists of four Interchanges at New Kelani Bridge, Peliyagoda, Ja-Ela and Katunayake. The Contract value of the project is US$ 292 Mn. Construction was completed and opened for the public on 27th of October 2013 by his Excellency the president Hon. Mahinda Rajapakse.
The CKE will reduce the travel time between Peliyagoda and Katunayake to 20 minutes from the earlier time of 1.5 hours using Peliyagoda-Puttalam road (A003).
The quick travel between the Bandaranaike International Airport and the capital of the country with enhanced safety will surely help to boost the country's economy in addition to providing pleasant travel to the road users.

22. Why Sri Lanka? J) Rapidly Developing Infrastructure (contd…)
b) Southern Highway (126km)
The longest expressway being built in Sri Lanka. The construction of a four-lane highway from Colombo to Matara will be a catalyst for the economic and social development of the Southern region and promotion of and inter-regional transport network. The highway was opened for public on 27th November 2011.
The section of Southern Expressway from Pinnaduwa (Galle) to Godagama (Matara) has been opened to public on 15th March 2014.
This section also consists of 4-lane capacity similar to the earlier section from Kottawa to Pinnaduwa. The maximum operating speed for this section is also 100 kmph.
Now the Southern Expressway from Kottawa to Godagama (Matara) is in operation. It is expected to extend the Southern Expressway from Matara to Hambantota with the intention of linking Mattala Airport and Hambantota Harbour to the Commercial Capital, Colombo in future.
c) Outer Circular Highway - OCH (29.2km)
The outer Circular Highway (OCH) is located in the Colombo Metropolitan Region and passes through two administrative districts, namely Colombo and Gampaha.
This highway runs around 20 km away from the City centre of Colombo, connecting radial routes and has a total length of 29.2 km.
The northern end of the highway is located at Kerawalapitiya on Colombo-Katunayake Expressway and the southern end is located at Kottawa on Colombo- Ratnapura-Wellawaya-Batticaloa (A004) road where Southern Expressway meets OCH.
Outer Circular highway from Kottwawa to Kerawalapitiya will link seven trunk roads and the Colombo – Katunayake and the Southern Expressways.
The expressway is implemented in three phases as given below;
Phase 1: Section from Kottawa to Kaduwela (11km) - Commenced in December 2009. (Phase 1 completed and opened for public in March 2014)
Phase 2: Section from Kaduwela to Kadawatha (8.9km) - Commenced in 2012.
Phase 3: Section from Kadawatha to Kerawalapitiya (9.2km)

23. Why Sri Lanka? J) Rapidly Developing Infrastructure (contd…)
d) Colombo - Kandy Highway (99km)
The proposed North – East Expressway (Colombo – Kandy Expressway) begins at Kadawatha of the present Colombo – Kandy (A1) Road (at the access point of the Outer Circular Highway) and links with Katugastota– Kurunegala – Puttalam (A10) road at Hedeniya and Kandy– Jaffna road (A9) at Katugastota.
The length of this road is 99 km. Construction of the North - East Expressway is mainly divided into two construction phases viz.
Phase I (Kadawatha–Ambepussa) – 48.2 km and Phase II (Ambepussa– Katugastota) km.
The expressway is expected to be built as a privately financed toll road and will be later expanded to Jaffna and Trincomalee.
The cost for the first phase of the road project is estimated to be one billion US dollars.

24. Why Sri Lanka?
K) Developed Infrastructural Facilities: Telecommunications
Most advanced Telecommunication Industry in South Asia
Sri Lanka is being developed as regional hub for telecommunications
Fastest growth sector driven by public private partnership
Development of faster and more efficient technologies
Fiber Optic Cables with
SEA-ME-WE III
SEA-ME-WE IV
(Connectivity Bandwidth terabits per second)
SEA-ME-WE IV fiber cable network
Telecommunications Technologies
GSM (Global System for Mobile communication)
3.75G and 4G services
HSPA (High Speed Packet Access technology )
Video conferencing, video streaming, mobile TV, music streaming and high speed internet
CDMA
India is just getting ready to roll-out 3G services while Sri Lanka rolled it out 1 ½ years ago, and we already have 4 G services as well. This means that connectivity is that much better due to the most advanced telecom technology.

25. Why Sri Lanka? K) Developed Infrastructural Facilities: Power
Main Power Sources
Hydro %
Thermal %
Total capacity – 1780 mw
Pipeline Projects
Trincomalee Coal Fired Plant (500 MW)
LNG Power & LNG Terminal (600 MW)
New Constructions
Norochcholai Coal Fired Plant (300 MW , Additional 600 MW – 2013)
Upper Kothmale Hydro Power Plant (150 MW )
Sri Lanka is the only country in South Asia which does not have scheduled power cuts. India definitely has power cuts on a daily basis, as India’s power generation capacity is not adequate to support the demand.
Sri Lanka is building up its own power generating capacity and we are moving to coal and LNG which will have very positive impact on the price of power in the near future.
Sri Lanka has the best telecom industry in South Asia.

26. Why Sri Lanka? L) Natural Resources Tea, Rubber, Coconut Spices Gems
Mineral sands and rare earths such as Mica, Phosphate, Salt, Silica Sand, Feldspar, Graphite , Calcium Carbonates
Fishing grounds
Oil and Gas deposits
Nature Tourism
We are blessed with an abundance of natural resources. We are one of the largest Tea and Rubber exporting countries in the world. We have top quality Ilmenite which is used to manufacture Titanium Dioxide, and extremely high purity Silica quartz used for the manufacturing of computer chips and photo-voltaic panels. Recent Oil and Gas exploration activities have revealed a very high probability of the existence of these resources in commercial quantities.

27. Sri Lanka’s Total Export Values

28. Sri Lanka’s Exports to Thailand Sri Lanka’s Imports from Thailand
Year
Sri Lanka’s Exports to Thailand
Sri Lanka’s Imports from Thailand
Total Trade
2006 38
205
243
2007 47
231
278
2008 77
298
375
2009 63
271
334
2010 84
316
400
2011 76
491
567
2012 66
460
526
2013 57
428
485
2014 54
462
516
Value in Millions of US Dollars Source of data: Dept. of Commerce, Sri Lanka

29. Production & Exports A) Garments Industry with 3 decades of experience
300 export oriented manufacturing plants
A flagship green manufacturing destination
World 1st LEED Certified plant
Asia’s 1st carbon neutral facility
INTERNATIONAL BRANDS
SRI LANKAN BRANDS

30. Production & Exports B) Rubber
160 million kg of natural rubber produced annually
130,000 hectares under cultivation
Products: sheet rubber, sole crepe, latex crepe, technically specified rubber & centrifuged latex.
Accounts for 20% of solid tyre market
Industrial & surgical gloves with gamma irradiation facilities

31. Production & Exports C) Ceylon Tea
History of over 130 years , accounts for 20% market share today
330 million kg production accounting for 9% share grows in 200,000 hectares
Adheres to ISO 3720 quality standard & ensures cleanest Tea with minimum Residue Limit.
World’s first ozone friendly Certification Mark - grown 100% ozone-friendly
TEA BRANDS

32. Production & Exports D) Spices
Pure Ceylon cinnamon – with unique flavor and aroma
85% of world market share
Produce a range of spices , pepper cloves, nutmeg, mace & cardamom
Supply high quality essential oils for cosmetics & pharmaceuticals

33. Production & Exports E) Coconut Products
Single largest supplier of bristle coir fiber
Environmental friendly production
Products:
Desiccated coconut - Bakery & Confectionary
Coconut milk powder, cream & oil
Coco fibre pith, coco pots & poles for Horticulture
Coir brushes and brooms
Coir mats & carpets for flooring & for winter season
Geo textiles to prevent soil erosion.

34. Production & Exports F) Mineral Products
A rich variety of industrial minerals such as Graphite, Ilmenite, Rutile, Zircon, Quartz, Feldspar, Clay, Kaolin, Apatite, Silica sand, Garnet sand, Mica, Calcite and Dolomite.
The Pulmoddai beach sand deposit is the most important non ferrous mineral reserve in Sri Lanka.
Sri Lankan graphite popular for its high purity

35. Production & Exports G) Porcelain & Ceramics Products: Tableware E
Wall & floor tiles
Ornaments
Strengths
Highly skilled workforce
State-of-the-art technology
In-house R & D facilities
Abundant supply of raw materials
Ensure design confidentiality
International quality standards E
BRANDS

36. Production & Exports H) Boat Building Yachts, Leisure , Pleasure boats
Passenger, Sports, Rescue, Coast guard and Petrol boats
Fishing boats
Boat building accessories
Fishing gear
Propellers
Life jackets
Safety equipments

37. Services ICT / BPO Services Why Sri Lanka? Sub sectors
Globally Competitive industry
Clean and Green technology
Top CIMA student population
2nd highest pool of UK qualified
Accountants
Over 300 ICT/BPO/KPO Companies
Banking, financial, insurance, mobile applications and HRM
Offshore Accounting & Legal services
Medical diagnostics & engineering services
Architectural/Construction services, Quantity Surveying
Other export services
Ayurvedic herbal healthcare
Printing services

38. MNCs Operating in Sri Lanka
Global Brands Served

39. Leading Global Investments in Sri Lanka

40. Setting up in Sri Lanka Project Locations
(for industrial manufacturing and processing businesses):
a) BOI administered Export Processing Zone
b) Industrial Park (with required infrastructure facilities) on long-term lease basis.
Other Locations
Purchase a privately owned land on outright purchase or lease basis.
Government owned lands* available for long term lease under different government agencies.
*Acquisition of government lands involve a comparatively longer process and valuation is based on current market price.

41. Investment Promotion Project Appraisal
Department
Contact Designation
Contact Officer
Location
Investment Promotion
Executive Director (Investment Promotion)
Mrs. Renuka Weerakone Tel:  
Level 26
Director  (Investment Promotion)
Mrs. Nilupul De Silva  Tel:
Director (Business Intelligence Unit)
Mr. Vidharshan Fernando  Tel:
Project Appraisal
Director (Services and Utilities)
Mr. Nelson Kumaratunga Tel:
Level 24
Director  (Manufacturing)
Mr. Udaya Wijayakulathilaka Tel:
Senior Deputy Director (Tourism, Knowledge Services & Agriculture)
Mr. Gamini Jayathilaka Tel:
Senior Deputy Director  (Apparel)
Mr. H Senevirathna Tel:
Senior Deputy Director(Infrastructure)
Mr. Ranjan Sibera Tel:
Project Implementation
(Project Implementation)
Mr. Duminda Ariyasinghe Tel:
Executive Director
Mr. Duminda Ariyasinghe
Tel:
Senior Deputy Director 
Mr. Ajith Wijeweera Tel:
Monitoring Executive Director
(Project Monitoring)
Mr. Shivan De Silva
Tel:
Director  (Project Monitoring)
Mrs. Chandrani Samarakoon
Tel:

42. Thank you