Sri Lanka Projects Proposals
Sri Lanka Projects Proposals
Sri Lanka Projects Proposals
April 2016
Special Projects Unit
Promotion Department
Board of Investment of Sri Lanka
Level 26, West Tower, World Trade Center
Echelon Square
Colombo 01
Sri Lanka
1|Page
CONTENTS
A.
B.
11
Knowledge Cities
14
16
19
20
Manufacturing Sector
24
17 - Project Profile - Manufacturing of Pharmaceutical Products for Local & Export Market
18 - Project Profile- Manufacture of Healthcare Supplements & Cosmetic Products
19 - Project Profile Value added Rubber Industry
20- Project Profile - Manufacturing of Textile Accessories
21 - Project Profile - Setting up of a Woven Fabric Manufacturing Plant
H. Annexes A
1. Expressions of Interest (EOI) Submission Format
29
2|Page
NOTE: PROJECTS LISTED IN THIS DOCUMENT SHALL BE PROCESSED / EVALUATED AND RANKED ON
FIRST COME FIRST SUBMISSION BASIS.
TOTAL PROPOSAL PREPERATION & SUBMISSION OF BOI APPLICATION FEES SHOULD BE BORN BY THE
PARTY / COMPANY SUBMITTING THE PROPOSAL. IF ANY PARTY / COMPANY IS INTERESTED IN ANY
PROJECT, PLEASE SUBMIT THE COMPLETED FORM AT LAST PAGE OF THIS DOCUMENT CLEARLY
INDICATING THE PROJECT PROFILE NO AND PROJECTENVISAGED.
If you need further details / clarifications with regard to Projects identified in this Document, you could
contact the BOI indicating the Project Profile number in all communication.
3|Page
A.
Tourism
Geographical Location
Responsible Agent(s)
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Land value as determined by the Government Chief Valuer of Sri Lanka and
cost of the project should be financed from foreign sources.
Contact Person
4|Page
5|Page
Tourism
Geographical Location
Responsible Agent(s)
Project Size
Approx. USD 500 Mn and above for total Zone Development 1318.4
acre Marshy land and 415.7 acre water body
Proposed Procurement
Process
Project Documentation
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable land
and submission of a proposal to the Board of Investment of Sri Lanka
Potential Investors / Developers are invited for Foreign Direct Investment to
set up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Current Status
Land value as determined by the Government Chief Valuer of Sri Lanka and
cost of the project should be financed from foreign sources.
Contact Person
6|Page
Tourism
Geographical Location
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable land
and submission of a proposal to the Board of Investment of Sri Lanka
Current Status
Land value including project cost should be financed from foreign sources.
Contact Person
7|Page
8|Page
Geographical Location
The Investor / Developer could identify a suitable site / extent, as per their
preference from the annexed BOI database of lands.
Responsible Agent(s)
Nature Trails, Eco Hotels, Healthcare Hotels, Business Hotels, Holiday Resorts,
Villa Hotels Floating ship / Boat based hotels.
Sri Lanka has an ambitious target of 2.5 Mn foreign tourist by year 2016 and
during year 2015 more than 1.7 Mn foreign Tourists have visited the Country
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Potential Investors / Developers are invited for Foreign Direct Investment to set
up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
9|Page
Arugambe
10 | P a g e
Geographical Location
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Contact Person
11 | P a g e
12 | P a g e
Training Institute
Geographical Location
Responsible Agent(s)
Project
Description
Rationale /Objectives
& ESTABLISHMENT
OF A
HOMEOPATHIC HOSPITAL
HOMEOPATHIC
TRINING
COLLEGE
&
The project aims to construct and operate a Homeopathic Training Institute with
all facilities inclusive of a Hospital in Sri Lanka.
Project Size
USD 5.0 Mn
Private investors are encouraged to undertake construction and management of
the Homeopathic hospital with Government supervision.
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
13 | P a g e
IT & BPO
Geographical Location
Responsible Agent(s)
Projects Envisaged;
Project Size
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
14 | P a g e
8- PROJECT PROFILE
Sector
Geographical Location
Responsible Agent(s)
Project Description &
Rationale / Objectives
Project Size
Proposed Procurement
Process
Planned Start Date
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
Project Documentation
Current Status
15 | P a g e
Geographical Location
Hub Operations
A Import of merchandise for minor processing and re-export
B Import of inputs for export processing with minimum of
10% of Value Addition (Export to India under FTA requires 35%
Value Addition to be undertaken in Sri Lanka)
Suitable Land to be identified depending on area of activity
Free Ports Colombo & Hambantota Ports
Specified Bonded Areas Mattala Airport & Mirrijjawila Export Processing Zone
Bonded Areas Katunayake & Koggala Export Processing Zones
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka
Ports Authority etc..
Project Size
Proposed Procurement
Process
Investment Model
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
16 | P a g e
Geographical Location
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka Ports
Authority etc..
Logistic Services
Project Size
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
17 | P a g e
Geographical Location
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka Ports
Authority etc..
Logistic Services
Project Size
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
18 | P a g e
HEALTH SECTOR
Geographical Location
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
19 | P a g e
F.
Geographical Location
Responsible Agent(s)
Agro Economic Zone at within the Northern / Eastern Province, The project aims to
construct a 350 acre Agro Processing Zone with all facilities within Northern
Province in Sri Lanka.
The project will enhance the facilities available within the Northern Province
inclusive of creation of urgently needed job opportunities.
To create a centre of excellence for agro business and investments that conforms to best
international standards.
Promote local and foreign investments in Agro Processing Sector with Research,
innovation, new technology.
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
Investment Model
Foreign Direct Investment
b.
c.
Duty free facilities can be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
20 | P a g e
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Financing
Amount
Structure Required
Existing Policy, Institutional
Frame Work and concessions
to be offered
Contact Person
&
a. The Investor / Developer shall develop & operate the Agro Zone inclusive
of access roads, electricity and water supply facilities within the Zone.
b. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
c. Duty free facilities can be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
Mr. Vidharshan Fernando, Actg. Executive Director (Special Projects), BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
21 | P a g e
Sector
Geographical Location
Each District to have at least one Industrial Zone / Park under the purview of
the BOI.
BOI together with Government Land Owning Agency / Department
Responsible Agent(s)
Project Description &
Rationale / Objectives
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Financing
Amount
Structure Required
Existing Policy, Institutional
Frame Work and concessions
to be offered
Contact Person
&
22 | P a g e
16 - PROJECT PROFILE
Tourism Infrastructure
Geographical Location
Responsible Agent(s)
MRO (Maintenance, Repair and Overhaul facilities) for airlines. Land Allocation
35 ha
Project Size
Proposed Procurement
Process
Planned Start Date
Investment Model
a. Foreign Direct Investment
b. Joint venture arrangement with Airport & Aviation Services Sri Lanka
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka.
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
23 | P a g e
G.
MANUFACTURING SECTOR
Geographical Location
A suitable land to be identified from among the available lands from BOI
Land Data Base
Responsible Agent(s)
The Government of Sri Lanka has spent US$ 372 Mn. on importation of
Pharmaceutical and Medical Products in 2013. The estimated cost of locally
manufactured pharmaceutical products in 2013 was approx. US$ 40 Mn. This
was 8% -10 % from the total requirement. Therefore there is an opportunity for
manufacturing pharmaceutical product for the national requirement.
Accordingly the special incentives have been granted to manufacture
pharmaceutical products as import replacement for the country in budget
proposal 2012.
Project Size
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Project can be initiated with immediate effect, with the submission of a proposal to
the Board of Investment of Sri Lanka
Project Documentation
Current Status
Contact Person
24 | P a g e
Manufacturing
Geographical Location
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Investment Model
a. Foreign Direct Investment, or
b. Joint venture arrangement with any Composition
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
25 | P a g e
Manufacturing
Geographical Location
Responsible Agent(s)
Project
Description
Rationale /Objectives
& Value added Rubber Products i.e. Tyres, Tubes, rubber based Motor Spare Parts, rubber
based toy products etc. for export market under Free Trade Agreement between
Sri Lanka and India / Sri Lanka and Pakistan
Project Size
Proposed Procurement
Process
Investment Model
a. Foreign Direct Investment
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
26 | P a g e
Manufacturing
Geographical Location
Responsible Agent(s)
Project Size
Proposed Procurement
Process
Investment Model
Sri Lanka has a well develop Garment Industry and as such Potential Investors
/ Developers are invited to invest in the manufacture of textile accessories to
cater to the Garment Industry within Sri Lanka.
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
27 | P a g e
21 - PROJECT PROFILE
Sector
Geographical
Location
Responsible
Agent(s)
Project Description
& Rationale /
Objectives
To set up a textile mill for manufacture of woven fabrics to meet the annual
demand of 1,000 million meters of textile materials requirement of this
country. Presently the Country imports nearly 80% from abroad.
Project Size
Proposed
Procurement Process
Investment Model
a. Foreign Direct Investment,
Initial Project Concept Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Project
Documentation
Current Status
Existing Policy,
Institutional Frame
Work and concessions
to be offered
Contact Person
28 | P a g e
H. ANNEXES A
1. Expressions of Interest (EOI) Submission Format
Any Company or a Party who is interested in any Project listed in this document should submit the
Completed EOI to the Executive Director (Investment Promotion), Board of Investment of Sri Lanka, Level
26, West Tower, World Trade Center, Echelon Square Colombo 01, Sri Lanka.
If more than one Proposal is received for one single project, the proposals would be ranked on the
receiving order.
Duly Completed Expression of Interest (EOI) should be sent by Facsimile to
+94112346090
GENERAL INFORMATION
Name of the Party / Company:
Project Profile
No :
Project Details :
Contact Details
1
Telephone
Contact
Facsimile
Place of Incorporation /
Registration
Main lines of Business
1.
Since:
2.
Since:
6.
Scope of Participation
Authorized Signatory:Signature:
Name:
Position:
_____________________
_____________________
______________________
Date: ____________________
Company Stamp
29 | P a g e