Potential Business Partner

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Sri Lanka, Your
Potential Business Partner
Sri Lanka as a strategically
important economic centre
 Sri Lanka as a
 Naval
 Aviation
 Commercial
 Energy
 Knowledge hub
 Positions as the world’s
most treasured tourist
destination
Hubs
Sri Lanka
•Island Nation of 65,610 s.q. km
•Population of 20.48 Million
•Strategically connected to major
shipping and air routes to the East and
West
•Peace and Political Stability
•GDP Growth Rate of 7.3% (2013)
•Per Capita GDP Income US$ 3,280
(2013)
•Literacy rate 95.6%
Preferential Market Access for products of Sri Lanka Origin
Market access
– Indo-Lanka FTA
- 100% Duty free access to India for
4,232 products
– Pakistan-Sri Lanka FTA - 100% Duty free access to Pakistan for
4,686 products
– Regional Trading Arrangements such as SAFTA (South Asian Free
Trade Area) and APTA (Asia Pacific Trade Agreement), including
China and South Korea
– Non -Reciprocal market access to EU and the USA, Japan, Canada,
Russia etc, under GSP
– FTA with China under negotiations.
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WHY SRI LANKA?
Natural Resources
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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
Fishing grounds
Other
Sri Lanka’s Total Exports Values
Year
Sri Lanka’s
Sri Lanka’s
Exports to
Imports from
Thailand
Thailand
Total Trade
2006
38
205
243
2007
47
231
278
2008
77
298
375
2009
63
271
334
2010
84
316
400
2011
2012
76
491
567
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
Garments
Brands we supply
INTERNATIONAL BRANDS
SRI LANKAN BRANDS
Rubber Products
 Quality natural rubber producer with 160
million kg. annually.
 130,000 hectares under cultivation
 Produce 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
Ceylon Tea
Our Brands
Spices
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“Pure Ceylon cinnamon –
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unique flavor and aroma”
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85% of world market share
Produce a range of spices , pepper cloves,
nutmeg, mace & cardamom
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Supply high quality essential oils for
cosmetics & pharmaceuticals
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.
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
P orcelain & Ceram ics
 Tableware
 Wall & floor tiles
 Ornamentalware
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
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
ICT/BPO Services
Sub Sectors
Banking, financial, insurance, mobile
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applications and HRM
Offshore Accounting & Legal services
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Medical diagnostics & engineering
services
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Architectural/Construction services,
Quantity Surveying
Other export services
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Ayurvedic herbal healthcare
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Printing services
WHY SRI LANKA ?
Globally Competitive industry
Clean and Green technology
Top
CIMA student population
2nd highest pool of UK qualified
Accountants
Over 300 ICT/BPO/KPO Companies
ICT/BPO Services
MNCs Operating in
Sri Lanka
Global Brands we
Serve
Operating Environment
Business Environment
• Sri Lanka is considered as the most liberalized economy in south Asia
(1978) (India 1990s)
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100% Foreign Ownership
No restrictions on Repatriation of Earnings/ profits
Never defaulted international debt obligations
Safety of Foreign Investments Guaranteed by the Constitution
Strong Intellectual Property law in line with WIPO and WTO regulations
National Treatment is guaranteed
Signatory to the Multilateral Investment Guarantee Agency (MIGA) of the
World Bank
• Commercial Law is based on the British Laws
• Bilateral Investment Protection Agreements with 28 countries
• Double Tax Avoidance Agreements with 38 countries including Saudi
Arabia on limited basis
WHY SRI LANKA?
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
• World class reputation in the production
of high end garments and lingerie markets
WHY SRI LANKA?
INFRASTRUCTURE - Colombo Port
Colombo South port development
(under construction)
World Port Ranking
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No. 1 in South Asia
Total container throughput 4 Mn. TEUs
Transshipment cargo 70%
33 major shipping lines
14 feeder services
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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
WHY SRI LANKA?
INFRASTRUCTURE - Power
Main Power Sources
Pipeline Projects
• Hydro - 45%
• Trincomalee Coal Fired Plant (500 MW)
• LNG Power & LNG Terminal (600 MW)
• Thermal - 55%
•Total Capacity – 1780 mw
New Constructions
• Norochcholai Coal Fired Plant (300 MW - 2011, Additional 600 MW – 2013)
• Upper Kothmale Hydro Power Plant (150 MW - 2012)
WHY SRI LANKA?
INFRASTRUCTURE - 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
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SEA-ME-WE III
SEA-ME-WE IV
Telecommunication technologies
(Connectivity Bandwidth - 1.32
terabits per second)
SEA-ME-WE IV
fiber cable
network
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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
WHY SRI LANKA?
Quality of Life
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A cosmopolitan living environment
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Abundant recreational facilities
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Unparalleled natural beauty
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Equable climate throughout the year
www.investsrilanka.com
Incentives for Investments
• Granting of Tax Holidays from 4 -12 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
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