Why Sri Lanka
Discover the myriad reasons that position Sri Lanka as a lucrative investment and business hub
Attractive Geographic Location and Manpower Availability
- Strategically located along key maritime routes connecting Europe, the Middle East, and East Asia.
- Potential growth in tourism and related industries.
- Availability of diverse labor, skilled as per international standards, ideal for back-offices.
- Time zone advantage facilitating real-time collaboration with the West.
- Low labor attrition rate; 71% computer literacy among secondary education completers.
Environment
- Permits up to 100% foreign ownership in many sectors.
- Freedom to repatriate income and sale proceeds via an Inward Investment Account.
- Investment incentives for projects over US$ 50 million.
Temporary Distress and Potential to Quickly Recover
- FDI seen as a catalyst to rejuvenate the economy.
- Proven resilience and potential for fast recovery, especially in the export and hospitality sectors.
Improved Ease of Doing Business
- Ranked 99th among 199 economies in Ease of Doing Business Index.
- Attractive tax rates and exemptions to support various sectors.
- Investment incentives, including duty exemptions for export-oriented projects.
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