SRILANKAINVESTMENTFORUM 2021
7TH - 9TH JUNE 2021
Join Asia’s first and largest virtual Investor Forum tounderstand the FDI and Capital Market opportunities inSri Lanka
Get a sneak peek into the attractive investment
opportunities in Sri Lanka across FDI in projects, private
equity placements and investment in listed corporates
The 3-day event will feature sessions and presentations by senior
government leaders, C-suite of public and private companies,
global experts, investment bankers, and advisory firms
Click here to Register

AN INVITATION TO PARTICIPATE IN SRILANKA’S GROWTH DECADE
Sri Lanka is looking to unleash a decade of growth to rapidly increase its
GDP, taking advantage of its inherent strengths and global supply chain
shifts. Our strategic location combined with our business-friendly policies
will be an accelerator for this fast-paced growth.
The Sri Lankan Government is pro development. We proactively support
businesses, as is evident from our progressive policies, policy consistency,
and fiscal incentives. The upcoming Port City will create an even more
His Excellency
conducive environment for Foreign Direct Investments into Sri Lanka.
Gotabaya Rajapaksa
President of Sri Lanka We are focused on making Sri Lanka a hub for global business activities
across diverse sectors, and we are excited to invite global companies toestablish their presence in Sri Lanka to make the most of this opportunity.

SRI LANKA: ASIA’S NEXT GROWTH HAVEN
GDP per capita ~$4000 (2-3x of South Asia average) is expected to become 2X
in next 10 years, offering attractive investment opportunities in Sri Lanka• Aggressive public investments in growth enablers and key infrastructure• Rapid increase in consumption-led growth• Exports set to increase from $20bn in 2019 to $30bn by 2025
• Low interest rate regime
Colombo Stock Exchange is the fastest growing stock market in the region with
$15bn in market capitalization and a 70% increase in new investor registrationsin 2020 with zero capital gains and zero dividend withholding tax for foreigners
Sri Lanka to be a knowledge-driven economy with 3X growth in the number ofgraduates by 2025; ICT exports expected to grow by 2.5x by 2025
Government of Sri Lanka offers industry-leading incentives, low tax regime andconsistent tax policy for 5 years
Regulatory, legal and state reforms underway to bring Sri Lanka to top 50 in“Ease of Doing Business”
Established economic hub with >2200 BOI companies (~1200 foreigncompanies) contributing to 85% of industrial exports
New SEZ law declared for Colombo Port City (an international business andservices hub), with attractive fiscal incentives to make it comparable to likes ofDubai, Hong Kong and Singapore
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Sri Lanka Investment Forum 2021

STRONG FUNDAMENTALS WILLUNLEASH SRI LANKA’S POTENTIAL

1stRank in South Asia for
Human Capital Skills

2nd

In the region for Starting a Business / DoingBusiness 2020
BOI and Port City offer a one-stop-shop, further
improving ease of doing businessTrainable & Flexible
Workforce

3X

28

Growth in number of graduates by 2025
Sri Lanka to be a knowledge-driven economy,
doubling down on vocational training

Countries with which
SL has signed Bilateral
Investment Protection
Agreements (IPA)

2.1bn

1st

Access to neighboring economies, with fast
growing populations, for exports

213 st1

In South Asia for Qualityof Life Index - 2019

Unique deep sea international ports in Colomboand Hambantota - set to revolutionise transhipment
in South Asia

ExportProcessingZones with5 more
underway

Rank for “TravelDestination” by Lonely
Planet in 2019

LOWESTPower cost in South Asia as
per JETRO Survey 2019

Sri Lanka Investment Forum 2021

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PRIORITY SECTORS FOR INVESTMENTS
WITH AIM OF DEVELOPING MULTIPLE$1BN+ EXPORT VERTICALSManufacturing

ICT

Hospitality and Tourism• Pharmaceutical• High value add Apparel• Electronics and Electricals• Knowledge Services• Software Development• IT training Institutes• Emerging Technology• Agro/Eco Tourism• Adventure/Thrill tourism• Luxury Hotels• MICE tourism

Agriculture and Foodprocessing

Construction,Infrastructure & Logistics• Rubber• Agri/processed food• Fisheries• Railway systems (Monorails/LRTs/SKY Trains)• Port/Airport development

Highlights of key sub-sectors:
1

Pharmaceutical: Pharma zone with pre-environment clearance, industry leading tax
breaks for pharma companies to strengthen supply chain

2

Apparel: Dedicated fabric park to achieve supply chain resilience by localizing raw
material imports

3

ICT: Multiple stock exchanges, airlines, theme parks, boardrooms and banks run on codedeveloped in Sri Lanka. Be a part of this “Island of ingenuity” – among the fastest growing
ICT hubs in South Asia

4Tourism: Best Travel Destination in 2019 (Lonely Planet); government expects toachieve incremental tourism revenue ~$6bn per annum by 2025

5Rubber: Solid tyre capital of the world with further opportunity for large investments…and many more such exciting opportunities for other sectors
4Sri Lanka Investment Forum 2021

COLOMBO PORT CITY - INTERNATIONAL
BUSINESS HUB WITH A VISION TO BETHE GATEWAY TO SOUTH ASIAColombo Port City (CPC) is a business district, with a vision to be a world-classinternational business and services hub in Asia. With specialized infrastructure
and an investor friendly regulatory, and legal framework, it is geared to promoteand facilitate economic activity in the country.
The CPC will be a self-sufficient city with all amenities. It will be equipped withan International Hospital, an International School, a Marina district with hotels and aresidential complex, an International Financial Centre and a Convention Centre.
Port City has a diverse sector focus and will have HQs of companies acrossinternational trade and shipping / logistic operations, offshore banking and financial
services, information technology and business process outsourcing, tourism,entertainment, and many more.

WHY SHOULD YOU INVEST
IN COLOMBO PORT CITY:• onducive tax environment with zeroCcorporate taxes•

 treamlined legal and regulatory
Sframework - proposed SEZ law &International Dispute Resolution Center•

Services hub at par with Qatar,Singapore, Dubai• oreign currency transactions
Fpermitted within the CPC•

 single window for investor
A
facilitation through the proposed
Colombo Port City Commission
Sri Lanka Investment Forum 20215UPWARD POTENTIAL AT THE COLOMBO
STOCK EXCHANGE
STRONG CURRENT MARKETPOSITION• $ 15bn market cap with 282companies• ~21% market cap to GDP• 22% foreign equity holding by value

FASTEST GROWING CAPITAL
MARKET1• A
 ttractive index returns: 11%growth in benchmark ASPI in
2020, 8% YTD 2021, highest
turnover velocity at 45%• H
 ighest-ever quarterly
consolidated profits in Q4 2020
• W
 idening investor base backed bywide-scale digitization: 70% increasein new investor registrations in 2020• E ase of entry with low P/E ratio:
11 Sri Lanka vs 16 China as of 2020
• H
 igher dividend yield: 2.7%
compared to emerging markets inSouth Asia

2RESILIENT AND INVESTORFRIENDLY REGULATORY SUPPORT• T
 ax exemption on capital gains,
stamp duty and dividends• I nvestor settlement riskmechanism through proposed
DvP system

3456

Sri Lanka Investment Forum 2021

RECORD-BREAKING PROFITABILITY
AMIDST A GLOBAL PANDEMIC• S
 ignificant capital raisinginterest: Largest IPO since2011 by a Renewables MNC –oversubscribed 8x; first-ever SME
IPO on the newly setup SME
Listing Platform “Empower”• H igher profitability & lower
valuations compared to frontiermarkets (Price-to-book ratio at 1.14;9% RoE)TARGET INVESTORS• F
 oreign institutional investors
focused on global equities,
established funds from emerging
markets, High Net WorthIndividuals, non-resident Sri
Lankans

SRI LANKA, ASIA’S NEXT GROWTH HAVEN- FOUNDED ON CONSISTENT INVESTMENTPOLICIES AND INCENTIVE FRAMEWORKS
Stable policies
5-years of consistent policy
environment outlined by 2021
budgetReduced Corporate Income Tax
5-10 year tax holiday for selectsectors
Customized incentives
For projects considered as“strategic development/marquee investments”

Zero Import Taxes
on capital & construction
related items, raw materials
and production/process related
consumables for exports

100% Foreign Ownership
100% repatriation forearnings, dividend, fees,
capital & forex

Foreign Employment
Permitted for specialized skill
categories
Tax Exempted for Expats
Income Tax on selectemployment exempted for aperiod of 5 years
Fast track
Cabinet sub-committeeappointed to fast track
investor facilitation
Special laws
Revamping BOI Act &Introducing new SEZ &Port City Law… and much more!
Sri Lanka Investment Forum 2021

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JOIN A VIBRANT ECOSYSTEM OF GLOBALINVESTORS

Shangri-La’s growing investmentshows great faith in Sri Lanka.
Shangri-La has invested close to$850M in Sri Lanka. This includes aluxury hotel, residential apartments,
shopping mall and commercial spaceat the iconic One Galle Face in theheart of Colombo, and a luxury golf
resort and spa in the southern regionof Sri Lanka.
Shangri-La cannot be more
excited to be a part of thisexciting journey to transform SriLanka into one of the leading
tourism and business travel
destinations in Asia
~Hui Kwong Kuok,Chairperson, Shangri-La

The ingenuity powering one of the world’s leading stock-exchanges
LSEG is a leading developer and operator of high performancetechnology solutions, including trading & market surveillance forover 40 organizations and exchanges. They opened a state-of-theart technology facility in Colombo, Sri Lanka in 2016, to support theirglobal technology operations

The development powerhouse behind South Asia’s first allelectric super-car“Sri Lanka will not only be admired for its vast biodiversity but
most importantly be known for our people who continuously pushboundaries to drive change with an innate passion to do great things
here in Sri Lanka. I am extremely proud to have such an exceptional
talent pool, driven and committed to reach this amazing milestone”-Harsha Subasinghe CEO, CodeGen
International Group of Companies, VEGA Innovations

World private equity giant Blackstone Group entered Sri Lanka in March 2021, buying controlling stake in
Piramal Glass Ceylon PLC, in a transaction on the Colombo Stock Exchange. The 56% stake for USD 32Mn
was part of the broader acquisition of the Indian giant business in December 2020. Piramal Glass is the market
leader for glass packaging in Sri Lanka and Blackstone sees huge export potential in the product segment

8Sri Lanka Investment Forum 2021

SRI LANKAINVESTMENT FORUM 2021
3-day virtual event, jointly organized by the Board of Investment (apex investment
promotion organisation of Sri Lanka), The Ceylon Chamber of Commerce (Premierbusiness chamber in Sri Lanka) and the Colombo Stock Exchange
The event intends to attract direct and portfolio investors including sovereign wealthfunds, private equity funds, Development Finance Institutions, large MNCs andconglomerates, High Net Worth Individuals and other types of investors from acrossthe world

WHY YOU SHOULD
ATTEND1

Why Sri Lanka
Understand what makes Sri Lanka an attractive investment destination

Specific Investment Opportunities
Access information on FDI projects, listed companies and private equity
placements

32

Regulatory environment
Learn first-hand about the policy framework and legislative
landscape for investing in Sri Lanka
Networking opportunity
Interact with government agencies, SOEs, industry leaders, global
investors and peers

Sri Lanka Investment Forum 2021

49

WHAT’S IN STOREFOR THE 3 DAYS?
Keynote addresses
Speeches delivered by Chief Guest His Excellency Gotabaya
Rajapaksa, President of Sri Lanka, the Guest of Honour Hon.
Mahinda Rajapaksa, Prime Minister of Sri Lanka and Hon. Ajith
Nivard Cabraal, State Minister of Finance Sri Lanka
Institutional sessions
Sector-specific sessions related to policy and regulations,delivered by prominent experts across industries

Interactive discussions on “hot topics”
Panel discussions and plenary sessions on key aspects ofSri Lanka’s macro-economic environment
Investor 1-on-1
Private sessions between investors and companies / government
authorities (to be booked in advance)
Promotional sessions
 resentations by select participating companies and governmentPbodies, to showcase investment projects

Flash announcementsof current FDI deals and investment projects

Hear from existing global investors in Sri Lanka
HCL, London Stock Exchange Group, Shangri-La andmany others
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Sri Lanka Investment Forum 2021

Knowledge PartnerStrategic Partner

Flagship Project Partner

Technology Partner

Banking Partner

Platinum Sponsor

IT-BPM Sector Partner

Insurance Partner

Communication Partner

Gold Sponsor

Silver Sponsor

Bronze Sponsor

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