Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka's BOI enlightens Israel business community on investment opportunities
Mon, Jul 21, 2014, 01:41 pm SL Time, ColomboPage News Desk, Sri Lanka.

July 21, Colombo: Sri Lanka's investment promotion agency, Board of Investment recently enlightened the business community of Israel about Sri Lanka's investment climate at a Business Forum held in Tel Aviv.

BOI Chairman Dr. Lakshman Jayaweera briefed the business community of Israel on the potential Sri Lanka has to offer to Israeli investors. His presentation covered Sri Lanka's strategic position, business friendly climate and attractive regime of incentives offered to investors. He was assisted by Duminda Premaratne, Deputy Director (Investment Promotion).

The Israeli private sector representatives present at the Forum included entrepreneurs engaged in a wide range of sectors such as Tourism, High-tech industries, Water, Energy, Medical equipment manufacturing, Apparel, Education, Manpower services, Agriculture, Dairies, Fisheries, Gem and Jewellery, Hospitals, Pharmaceutical, Construction and Trading.

Many of those present expressed interest in the opportunities available in Sri Lanka and the incentives that Sri Lanka currently offers investors.

Currently there are 5 Israeli Companies operating in Sri Lanka under BOI who are engaged mainly in Aquaculture, Agriculture, Jewellery and Fabricated metal products. The Israeli side at the Forum expressed interest in investing in Sri Lanka and agreed to send an Israeli business delegation to visit the country in October 2014, to explore opportunities for trade and investment.

The Sri Lankan delegation had the opportunity to meet with many leading Israeli entrepreneurs and explore possibilities of enhancing economic cooperation with Israel in the field of trade and tourism and investment.

The Israeli side has taken the Sri Lankan delegation on a visit to a High Technology farm near Tel Aviv where the latest methods of farming and irrigation were used.

The Israeli investors have shown interest to establish a large scale pharmaceutical manufacturing plant in Hambantota.

ColomboPage - Recent 10 Stories
Sri Lanka appoints parliamentary committee to inquire Central Bank activities during previous regime
-- [6 hours ago]
Resolution on Sri Lanka is a key U.S. outcome at the UN Human Rights Council 30th Session
-- [6 hours ago]
Sri Lanka Human Rights Commission hears arrested student's complaint
-- [7 hours ago]
Sri Lanka's JVP parliamentarian elected to a post in global anti-corruption organization
-- [7 hours ago]
Sri Lanka, India navies hold 25th IMBL meeting aboard Indian naval ship
-- [9 hours ago]
'China ready to provide every support to Sri Lanka'
SriLankan Airlines receives prestigious APEX award for Superior Passenger Experience
Sri Lankan government to start a program to build economy of low income families
Japan loans Sri Lanka Rs. 45 billion to construct a new bridge over Kelani River
European Union grants Sri Lanka assistance of Euro 43.7 million for development

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.