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  • Tourism and Leisure

    Sri Lanka tourism industry has been experiencing an impressive growth both in terms of arrivals and the revenue to the country. Continuing the post-complicit growth momentum, tourist arrivals reached one million in 2012 which was beyond its set target of 950,000 arrivals for the year. The record-high tourist arrivals in 2012 indicated a growth of 17.5 % over the year 2011 (855,975). Earnings from the industry reached US$ 1039 million in 2012 indicating a growth of 25.1% compared to US$ 830 million in 2011. Government has set an ambitious target of 2.5 million tourists and recording earnings of US dollars 2.75 billion from tourism industry by 2016.

    Some Potential areas for investment:

    • Luxury Hotels, Beach Resorts, Nature Trails, Eco Hotels, Healthcare Hotels, Business Hotels, Holiday Resorts, Villa Hotels Floating ship / Boat based hotels
    • Sports & Fitness Centers, Sporting Services i.e. Motor Racing, Golf Course, etc.
    • Wildlife Resorts

  • Education

    Sri Lanka Government has paid special attention to further develop human capital since it is needed to compete with the global knowledge economy. Government has recently taken many initiatives to increase the capacity of higher education system to produce skilled, hard working and enterprising graduates. Government has also taken into consideration the need of expanding research an innovation capacity of the education system.

    The knowledge hub initiative launched by the Government will help to develop Sri Lanka as a destination for investments in Higher Education and position the nation as a centre of excellence and regional hub for learning and innovation.

    Some Potential areas for investment:

    • Universities
    • Knowledge Cities
    • Education Training Institutes for fields such as Paramedic, homeopathic, engineering, Maritime etc.
    • Skills Development Centers

  • Infrastructure Development

    Infrastructure development sector is a promising area for investment. The construction sector has been expanding a great deal mainly due to the acceleration of the ongoing road development projects such as expressways, inter-regional national highways and mega construction projects and urban development projects together with construction of houses.

    A massive infrastructure development drive is currently in progress in the country. Some of the potential areas are given below.

    Some Potential areas for investment:

    • Developing new zones (especially for Agro zones iculture sector to locate for animal husbandry, dairy, cultivation of cash crops using annual rainfall, agro wells or by rainwater harvesting
    • Setting up of Oil Refineries for Export & Bunkering Purposes
    • Construction of Expressways
    • Building and operating cruise terminals
    • Developing & Operating a Yacht Marina
    • Integrated Transportation Terminals
    • Central Bus Stand Terminals
    • Railway Shopping Malls

    Aviation Sector infrastructure Development (construction of Five Star Hotels, shopping Malls with Duty Free Facilities, Construction of Multi Level Car Parks, Aircraft Painting Workshop, establishment of flying Schools, developing MRO facilities (Maintenance, Repair and Overhaul) for Airlines

  • BPO & Knowledge Services

    The Sri Lankan IT sector is enjoying advantageous conditions such as high work ethics, cost competitiveness, low attrition, cultural adaptability, highly literate but comparatively cheaper workforce, creativity and flexibility which are highly conducive for the smooth running of an efficient IT sector.

    The above conditions have made Sri Lanka an ideal investment destination for IT / KPO sector. The Industry has set a target of Export revenues of US$ 1 billion and Employment of 100,000 by 2015 and well on the way to achieving them.

    Some Potential areas for investment:

    • Software Development
    • KPO/BPO Projects
    • Building IT & Knowledge Parks, Educational Parks, Multi use complexes and Educational Institutions

  • Ports Development Sector

    The government has given the highest priority to the development of port infrastructure in recent years.

    Some Potential areas for investment:

    • Feeder Service
    • Bonded Warehousing (Warehouses for cargo value addition, distribution, multi-country)
    • Establishing Entreport Services in Sri Lankan Ports

  • Agriculture & Fisheries Sector

    There are promising opportunities for investors in the agriculture sector both for the domestic market and for export market. Specialised investments which improve productivity and level of technology have very attractive opportunities. For an example investors who can use of quality seeds and planting materials will definitely benefit by investing in Sri Lanka.

    Some Potential areas for investment:

    • Horticulture: In cut flower production there are opportunities for investors who can bring in new hybrid varieties. Opportunities are also available to produce fruits and vegetables for the export market.
    • Enhancing of value addition: There are many areas in which value addition can be enhanced in the agro based sector. The government encourages investors who can enhance the domestic value addition in Sri Lanka so that these items are exported in high value forms. Some potential areas are given below;

      a. Agro processing

      b. Edible products manufactured out of locally cultivated agricultural products.

      c. Cultivation of food crops, industrial crops or horticulture, Forestry etc.

      d. Animal Husbandry, Dairy, poultry, Swine, Goat Farms etc.

      e. Processing Artificial insemination for cattle under Dairy development

    • Fisheries: Sri Lanka has considerable fisheries potential in offshore/deep sea, inland fisheries and aquaculture.

      a. Fisheries and/or Fish processing for local & export

      b. Cold Room storage

      c. Fish Processing & Canning Industry

      d. Manufacturing of Ice for fishery industry

    • Livestock: The livestock sector consists mainly of the dairy and poultry sub-sectors, which are considered as priority areas for growth, employment generation and increasing income of rural farmers.

  • Apparel Sector

    The apparel sector is the highest industrial employment generator and the highest foreign exchange earner. The total export income of the sector for the year 2012 was US$ 3.99 billion which is equivalent to 40.8 per cent of import earnings. Apparel manufacturers comprise nearly 90% of the textile/apparel sector in Sri Lanka. They produce a wide range of international branded clothing such as Victoria’s Secret, Liz Claiborne, Pierre Cardin, Nike, Gap etc. The employment generation exceeds 283,000 in 2011.

    With the peace prevailing in the country, apparel projects could be set up in the Northern and Eastern province and other emerging areas of the country.

    Opportunities for apparel factories are available in emerging areas where enough employment is available and emerging constraint in the Western Province.

    Therefore, prospective investors could set up their projects in emerging areas including the Northern Province.

  • Utilities

    Some Potential areas for investment:

    • Power & Energy Sector
    • Telecommunication Sector

  • Export Manufacturing

    Being one of the key sectors which generates over 25% of national industrial exports, the government has identified a wide range of targeted industrial sub-sectors to be promoted.

    In line with the new policy guidelines of the government the manufacturing sector is to be promoted in three different segments.

    Some Potential areas for investment:

    • Export oriented sector:

      Under this category, investment opportunities are available to manufacture and export of all nontraditional products such as crepe rubber, sheet rubber, scrap rubber, coconut oil, desiccated coconut (other than desiccated coconut manufactured using continuous scale automated process technology and marketed with a quality guarantee) copra, fresh coconuts, coconut fibre, tea (other than black tea in bulk), will be promoted.

    • Local market oriented product sector:

      The main aim of these products is to substitute the imported products. The products promoted under this category: Boats, Pharmaceuticals, Tyres and tubes, Motor spare parts, Furniture, ceramics/glassware, Cosmetic products, Construction materials, Edible products manufactured out of the cultivated agricultural products

      (The above products are permitted to be supplied for both local and export markets)

  • Export Services

    It is a policy decision of the Sri Lanka government that the country's further development should be based on five major service-related hubs, namely naval, aviation, commercial, energy and knowledge.

    Some Potential areas for investment:

    Enormous opportunities are available for foreign investors in the export service Sector. Some potential export services include the following:

    • Ship repairing and ship building
    • Marine support industries
    • Rigging & offshore engineering
    • Supply of spares, food, water and other goods
    • Medical evacuation and assistance
    • Bunkering
    • Maintenances Services

    Apart from the above, other export services are promoted on a case by case basis. (Eg. Services supporting export manufacturing, Aviation Services, other direct and indirect export services).

    For more details visit http://www.investsrilanka.com

GET IN TOUCH

Address:
Embassy of Sri Lanka
SHIS QI 26, Conjunto 11, Casa 18
Lago Sul, Brasília – DF, Brazil
CEP: 716.70-110
CNPJ: 04.766.273.0001.00

Telephone:
00556135413481 / 00556135413488

Fax :
6135493507

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