Sri Lanka, Your Sri Lanka, Your Potential Business PartnerPotential Business Partner
Sri Lanka as a NavalAviationCommercialEnergyKnowledge hub
Positions as the world’s most treasured tourist destination
HubsSri Lanka as a strategically
important economic centre
•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%
Sri Lanka
Preferential Market Access for products of Sri Lanka Origin
– 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. –
Market access
Natural Resources
• 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
WHY SRI LANKA?
Sri Lanka’s Total Exports Values
Year
Sri Lanka’s
Exports to
Thailand
Sri Lanka’s
Imports from
Thailand
Total Trade
200638 205 243
200747 231 278
200877 298 375
200963 271 334
201084 316 400
201176 491 567
20122012 6666 460460 526526
20132013 5757 428428 485485
20142014 5454 462462 516516
Value in Millions of US Dollars Source of data: Dept. of Commerce, Sri Lanka
Garments
Brands we supply
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
Rubber Products
• History of over 130 years , accounts for 20%
market share today
• 330 million kg production accounting for 9%
share grows in 200,000 hectares
• Adheres to ISO 3720 quality standard &
ensures cleanest Tea with minimum Residue
Limit.
• World’s first ozone friendly Certification Mark -
grown 100% ozone-friendly
• History of over 130 years , accounts for 20%
market share today
• 330 million kg production accounting for 9%
share grows in 200,000 hectares
• Adheres to ISO 3720 quality standard &
ensures cleanest Tea with minimum Residue
Limit.
• World’s first ozone friendly Certification Mark -
grown 100% ozone-friendly
Ceylon Tea
Our Brands
Spices
“Pure Ceylon cinnamon –
unique flavor and aroma”
85% of world market share
Produce a range of spices ,
pepper cloves, nutmeg, mace &
cardamom
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.
• 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
Mineral Products
Porcelain & 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
Yachts, Leisure , Pleasure boats
Passenger, Sports, Rescue, Coast guard and Petrol boats
Fishing boats Boat building
accessories Fishing gear, propellers, life jackets
& safety equipments
Boat Building
Banking, financial, insurance,
mobile applications and HRM
Offshore Accounting & Legal
services
Medical diagnostics &
engineering services
Architectural/Construction
services, Quantity Surveying
Other export services
Ayurvedic herbal healthcare
Printing services
WHY SRI LANKA ?
Globally Competitive industryGlobally Competitive industryClean and Green technologyClean and Green technology
Top CIMA student Top CIMA student populationpopulation
22ndnd highest pool of UK highest pool of UK qualified Accountantsqualified Accountants
Over 300 ICT/BPO/KPO Over 300 ICT/BPO/KPO Companies Companies
ICT/BPO Services
ICT/BPO Services
• Sri Lanka is considered as the most liberalized economy in south Asia (1978) (India 1990s)
• 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
Operating Environment Business Environment
• 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
Labour ForceLabour Force
WHY SRI LANKA?
World Port Ranking
• No. 1 in South Asia• Total container throughput 4 Mn.
TEUs• Transshipment cargo 70%• 33 major shipping lines• 14 feeder services
INFRASTRUCTURE - Colombo PortColombo South port development
(under construction)
• 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
Pipeline Projects
• Trincomalee Coal Fired Plant (500 MW) • LNG Power & LNG Terminal (600 MW)
Main Power Sources
• Hydro - 45%
• Thermal - 55%
New Constructions• Norochcholai Coal Fired Plant (300 MW - 2011, Additional 600 MW – 2013)• Upper Kothmale Hydro Power Plant (150 MW - 2012)
WHY SRI LANKA?
•Total Capacity – 1780 mw •Total Capacity – 1780 mw
SEA-ME-WE IV fiber cable network
– SEA-ME-WE III – SEA-ME-WE IV (Connectivity Bandwidth -
1.32 terabits per second)
• 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
INFRASTRUCTURE - Telecommunications
• 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
Telecommunication technologies
WHY SRI LANKA?
Quality of Life
• A cosmopolitan living environment • Abundant recreational facilities • Unparalleled natural beauty • Equable climate throughout the
year
WHY SRI LANKA?
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
www.investsrilanka.com