Positioned as the Gateway to Asia, the countrys open economy, piquant laws, tax rates and constitutional guarantees, resilient workforce, strategic admission charge to Indian market and solid infrastructure, makes Sri Lanka a favourable terminal figure for investment.
With the country to be developed as a study regional hub more opportunities for investment argon presented. Sri Lanka is situated at the crossroads of major shipping routes between randomness Asia and the farthest East, with the Colombo Port becoming a major trans-shipment hub in recent years.
The quality of life in Sri Lanka is the highest in the South Asian region, and comparisons have shown that the country offers one of the most good-looking business environments in Asia. The countrys investment laws are transparent and automatic across a wide ordinate of sectors. Under the terms of the get along of Investment law, the BOI has wide ranging potency to grant exemptions from various laws including Inland Revenue, Customs and Exchange Control.
The Board of Investment of Sri Lanka (BOI) is structured to function as a substitution facilitation point for investors.
With a high powered Cabinet triggerman Committee set up to strengthen the BOI, clear all(prenominal) bottlenecks and ensure speedy clearance of investment approvals, investors can devour projects in a hassle free atmosphere. Investment mood monitoring is also being improved to ensure the populations competency profile.
Tower Paddle Boards, has reached $250,000 in sales during its first year of operation. This should be no surprise considering that patronise up paddle boarding, also known as SUP, is the quick growing water sport in the world.
http://www.bbc.co.uk/ discussion/world-asia-19096158
http://www.sltda.lk/sites/default/files/Annual_Report_2009.pdf
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