Board of Investment of Sri Lanka

Board of Investment of Sri Lanka
ශ්‍රී ලංකා ආයෝජන මණ්ඩලය
இலங்கை முதலீட்டுச் சபை
Agency overview
Formed1992; 33 years ago (1992)
Preceding agency
  • Greater Colombo Economic Commission
JurisdictionGovernment of Sri Lanka
HeadquartersLevel 26, West Tower, World Trade Center, Colombo 1
6°55′58″N 79°50′37″E / 6.932650°N 79.843596°E / 6.932650; 79.843596
Agency executives
Key document
Websiteinvestsrilanka.com

The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්‍රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978.[2] The legal framework for the BOI is governed by the Board of Investment Law, No. 4 of 1978, with key amendments made in 2009[3] and 2012.[4]

Export Processing Zones

The Board of Investment of Sri Lanka oversees several Export Processing Zones (EPZs) and Industrial Parks across the country, offering investors a range of facilities and tax incentives. Below is a list of key zones.

Zone Location Summary Reference
Biyagama EPZ Gampaha District Located near Colombo and the Bandaranaike International Airport, this zone was established in 1985. It is the second-largest EPZ in Sri Lanka and houses various industries including textiles and electronics. [5]
Horana EPZ Kalutara District Established in 1999, the Horana EPZ focuses on low-polluting industries. It offers full infrastructure support, including power, water treatment, and telecom services. [6]
Kandy Industrial Park Kandy District Opened in 1994, this park covers 205 acres and supports industries in central Sri Lanka. [7]
Katunayake EPZ Gampaha District Established in 1978, Katunayake is Sri Lanka's first EPZ, located near the international airport, and is a key zone for garment manufacturing and other exports. [8]
Koggala EPZ Galle District This EPZ, established in 1991, focuses on industries such as garments and manufacturing, located in Southern Sri Lanka. [9]
Malwatta EPZ Gampaha District Located along the Colombo-Kandy highway, this zone was established in 1998 and covers 26 acres. [10]
Mawathagama EPZ Kurunegala District This EPZ, focused on low-polluting industries, was established in 1999 and covers 27 hectares. [11]
Mirigama EPZ Gampaha District Established in 1998, the Mirigama EPZ is designed for export-focused industries and covers 173 acres. [12]
Mirijjawila EPZ Hambantota District Located in Southern Sri Lanka, this EPZ was established to promote export-oriented industries, covering 22 acres. [13]
Seethawaka EPZ Colombo District Established as the only EPZ in the Colombo District, it accommodates a range of industries. [14]
Polgahawela EPZ Kurunegala District Opened in 2000, this EPZ is located along the Polgahawela-Kegalle highway. [15]
Wathupitiwela EPZ Gampaha District This EPZ, covering 123 acres, was established in 1998. [16]
Bingiriya EPZ Kurunegala District The largest EPZ, Bingiriya is set to become a major industrial hub with significant investments across multiple sectors. It is expected to generate over 75,000 jobs and drive export revenue exceeding USD 2.6 billion.[17] [18]


References

  1. ^ "Arjuna Herath appointed Chairman of BOI". Ada Derana. 19 October 2024. Archived from the original on 19 October 2024. Retrieved 19 October 2024.
  2. ^ "About Us - Board of Investment of Sri Lanka". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  3. ^ "Board of Investment of Sri Lanka (Amendment) Act, No. 36 of 2009". Sri Lanka Ministry of Finance. Retrieved 17 September 2024.
  4. ^ "Board of Investment of Sri Lanka (Amendment) Act, No. 3 of 2012". Sri Lanka Ministry of Finance. Retrieved 17 September 2024.
  5. ^ "Biyagama EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  6. ^ "Horana EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  7. ^ "Kandy Industrial Park". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  8. ^ "Katunayake EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  9. ^ "Koggala EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  10. ^ "Malwatta EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  11. ^ "Mawathagama EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  12. ^ "Mirigama EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  13. ^ "Mirijjawila EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  14. ^ "Seethawaka EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  15. ^ "Polgahawela EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  16. ^ "Wathupitiwela EPZ". Board of Investment of Sri Lanka. Retrieved 17 September 2024.
  17. ^ "President Chairs Launch of Second and Third Phases of Bingiriya Export Processing Zone Development". PMD. Retrieved 17 September 2024.
  18. ^ "Bingiriya EPZ Layout". Board of Investment of Sri Lanka. Retrieved 17 September 2024.

[1] [2] [3] [4]

  1. ^ "Laws and Regulations - Board of Investment of Sri Lanka". Sri Lanka Ministry of Finance. Retrieved 17 September 2024.
  2. ^ "Board of Investment of Sri Lanka (Amendment) Act, No. 3 of 2012". Sri Lanka Ministry of Finance. Retrieved 17 September 2024.
  3. ^ "Board of Investment of Sri Lanka (Amendment) Act, No. 36 of 2009". Sri Lanka Ministry of Finance. Retrieved 17 September 2024.
  4. ^ "About Us - Board of Investment of Sri Lanka". Board of Investment of Sri Lanka. Retrieved 17 September 2024.

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