Invest In Sri Lanka…….

o Compliance with best labour practices
o Support Services (R & D, Testing , Training)
o Industrial Infrastructure
o State -of- the -art Export Processing Zones
o Easy access to rail, air -port and sea port
o Geographical proximity to major markets
o Sri Lanka : 1.5 automobile in use
o India : Indo- Lanka FTA (90% duty reduction)

US$ 130mn imports of industrial belts/year
o Pakistan : Proposed Sri Lanka - Pakistan FTA
o UAE : A growing market US$ 130mn imports of automobile components in 1999
o Attractive Tax Incentives
o Raw Materials : Duty free imports for export oriented projects throughout the project lifetime.
o Plant/Machinery : Duty free imports
o Corporate Tax : Full Tax holidays up to 05 years.
o Safety of Foreign Investment
o Total foreign ownership is permitted in the rubber sector
o Safety of foreign investment guaranteed by section 157 of the constitution
o Free transferability of shares
o No restriction on repatriation of products, dividends, fees. royalty payments,capital.
o Prospects for joint ventures. Eg. Ceat Tyres

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