PROJECT PROPOSALS - Board of Investment of Sri Lanka

PROJECT PROPOSALS
October 2014
Business Intelligence Unit
Promotion Department
Board of Investment of Sri Lanka
Level 26, West Tower, World Trade Center
Echelon Square
Colombo 01
Sri Lanka
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CONTENTS
A.
Tourism & Leisure
4
1 - Project Profile- Integrated Tourism Project at Kalpitiya
2- Project Profile - Lake Resort Hotel at Dedduwa
3 - Project Profile - Tourism Development Project at Kuchchaveli
4 - Nature Trails, Eco Hotels, Healthcare Hotels, Business Hotels,
Holiday Resorts, Villa Hotels Floating ship / Boat based hotels
B.
Universities & Training Institutes
11
5 - Project Profile - Establishment of world class Universities and
Knowledge Cities
6 - Project Profile – Establishment of a World Class university under a
Public Private Partnership with Kotalawala Defense College
7 - Project Profile - Homeopathic Training Collage & Homeopathic Hospital
C.
IT, BPO & Knowledge Activities
15
8 - Project Profile – Mini Software Development / KPO Parks
9 - Project Profile – Development of IT & Knowledge Park at in Northern Province
D.
Port Related Hub Operations
17
10 - Project Profile - Establishment of Entreport Trade
11 - Project Profile - Logistics Operations
12 – Project Profile - Head Quarters Operations
E.
Projects - Health Sector
20
13 - Project Profile - Establishing of three Private Hospitals
F.
Infrastructure Development (New Zones &
Petroleum Refinery)
21
14 - Project Profile - Agro Economic Zone
15 - Project Profile - Agro Economic Zone at Welikanda
16 - Project Profile - Setting up of a Oil Refinery for Bunkering and Export Market
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G
Manufacturing Sector
24
17 - Project Profile - Manufacturing of Pharmaceutical Products for Local & Export Market
18 - Project Profile- Manufacture of Healthcare Supplements & Cosmetic Products
19 - Project Profile– Value added Rubber Industry
20 - Project Profile - Manufacturing of Textile Accessories
21 - Project Profile - Setting up of a Woven Fabric Manufacturing Plant
H
PPP Projects in Dairy Industry
29
22 – Project Profile – Public Private Partnerships in Dairy Industry
I
Services & Utilities Sector
30
23 - Project Profile - Setting up of a 5 MW Dendro Power Project at Kurunegala
24 - Project Profile - Setting up of a 10 MW Dendro Power Project at Ellewewa
25 - Project Profile - Setting up of a 10 MW Waste To Energy Power Plant at Meethotamulla
J.
Annexes A
1.
34
Expressions of Interest (EOI) Submission Format
2.
Database of BOI available for Structured Projects
3.
Location Map
NOTE: PROJECTS LISTED IN THIS DOCUMENT SHALL BE PROCESSED / EVALUATED AND RANKED ON
FIRST COME FIRST SUBMISSION BASIS.
TOTAL PROPOSAL PREPERATION & SUBMISSION OF BOI APPLICATION FEES SHOULD BE BORN BY THE
PARTY / COMPANY SUBMITTING THE PROPOSAL. IF ANY PARTY / COMPANY IS INTERESTED IN ANY
PROJECT, PLEASE SUBMIT THE COMPLETED FORM AT LAST PAGE OF THIS DOCUMENT CLEARLY
INDICATING THE PROJECT PROFILE NO AND PROJECTENVISAGED.
If you need further details / clarifications with regard to Projects identified in this Document, you could
contact the BOI indicating the Project Profile number in all communication.
All communications with regard to Projects should be emailed to [email protected] or Facsimile to
+94112346090 indicating Project Profile number given for each Project, the Board of Investment of Sri
Lanka shall act as the one stop facilitator for Project investors / Developers.
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A.
Tourism & Leisure
1 - PROJECT PROFILE – INTEGRATED TOURISM RESORT PROJECTS IN KALPITIYA
Sector
Tourism
Geographical Location
Kalpitiya North Western Province, Puttalam District,
(150 Km. North of Colombo)
Sri Lanka Tourism Development Authority
Responsible Agent(s)
Project Description &
Rationale / Objectives
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Financing Amount &
Structure Required
Contact Person
Kalpitiya Integrated Tourism Project – Construction of hotels, Entertainment
Centres, Golf Courses. Water based accommodation facilities, Water
related facilities, Ayurvedic Health Village and Spa, Eco lodge Deluxe hotel as
leading product and development landmark, Water sports centre, Boat
Service, Aqua centre and museum.
Approx. USD 100 Mn and above for each 25 Ha land area.
10 Islands at Kalpitiya to be offered to minimum of 10 or more potential
investors :
Baththalangunduwa - 124.8 Ha
Palliyawatta
- 59.4 Ha
Uchchamunai
- 443.8 Ha
Periya Arichchalai
- 44.4 Ha
Sinna Arichchalai
- 16.6 Ha
Eramutivu
- 90.1 Ha
Sinna Eramutivu
2.1 Ha
Eramutivu West
4.3 Ha
Kakativu
- 27.2 Ha
Mutuwal
- 201.3 Ha
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable
Island in the required extent and submission of a proposal to the Board of
Investment of Sri Lanka
Potential Investors / Developers are invited for Foreign Direct Investment to
set up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project as
the Islands are available for Development on first come first serve basis.
Land value as determined by the Government Chief Valuer of Sri Lanka and
cost of the project should be financed from foreign sources.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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Map identifying Kalpitiya Tourism
Development
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2- PROJECT PROFILE – RESORT & RECREATION DEVELOPMENT IN DEDDUWA
Sector
Tourism
Geographical Location
Southern Province, Dedduwa, Bentota (67 Km South of Colombo)
Responsible Agent(s)
Sri Lanka Tourism Development Authority
Project Description &
Rationale / Objectives
Dedduwa Lake Resort Hotel (Activity based Eco Tourism)
Project Size
Approx. USD 500 Mn and above for total Zone Development
1318.4 acre Marshy land and 415.7 acre water body
Proposed Procurement
Process
Planned Start Date
Project Documentation
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable land
and submission of a proposal to the Board of Investment of Sri Lanka
Potential Investors / Developers are invited for Foreign Direct Investment to
set up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project as
1318.4 acre Marshy land and 415.7 acre water body is available for
Development.
Financing Amount &
Structure Required
Land value as determined by the Government Chief Valuer of Sri Lanka and
cost of the project should be financed from foreign sources.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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3 - PROJECT PROFILE - BEACH RESORT / HOTEL AT KUCHCHAVELI
Sector
Tourism
Geographical Location
Eastern Province, Trincomalee District (300 Km North East of Colombo)
Responsible Agent(s)
Sri Lanka Tourism Development Authority
Project Description &
Rationale / Objectives
Kuchchaveli Tourism Development Project with 40 Beach Resorts
Project Size
USD 10.0 Mn for each Plot of 10 Acres
510 acres and one plot is (Minimum 10 acres per investor)
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable land
and submission of a proposal to the Board of Investment of Sri Lanka
Proposed Procurement
Process
Planned Start Date
Project Documentation
Potential Investors / Developers are invited for Foreign Direct Investment to
set up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project as a
Minimum of 10 acres per investor is available for Development of Beach
Resorts.
Financing Amount &
Structure Required
Land value including project cost should be financed from foreign sources.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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Geographical Map identifying suitable
locations for Tourism Sector Projects
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4 - PROJECT PROFILE - Tourism & Leisure
Sector
Tourism & Leisure
Geographical Location
The Investor / Developer could identify a suitable site / extent, as per their
preference from the annexed BOI database of lands.
Responsible Agent(s)
Investor, BOI, SLTDA, UDA
Project Description &
Rationale /Objectives
Nature Trails, Eco Hotels, Healthcare Hotels, Business Hotels, Holiday Resorts,
Villa Hotels Floating ship / Boat based hotels.
Sri Lanka has an ambitious target of 2.5 Mn foreign tourist by year 2016 and
during year 2013 more than 1.2745 Mn foreign Tourists have visited the Country
Project Size
Proposed Procurement
Process
Planned Start Date
USD 10.0 Mn and above
Investment Model
a. Foreign Direct Investment ,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by identifying a suitable land
and submission of a proposal to the Board of Investment of Sri Lanka.
Project Documentation
Potential Investors / Developers are invited for Foreign Direct Investment to set
up Tourism Sector Projects to cater to local & Foreign Tourists. The Project
Company shall qualify for applicable incentives under the Board of Investment
of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project.
Existing Policy,
Institutional Frame Work
and concessions to be
offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Clearance shall be granted by Tourism Development Authority to maintain
standards of the service for local & foreign Tourists.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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Key Tourism Destinations in the Country
Arugambe
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B
Universities & Training Institutes
5 - PROJECT PROFILE – To Establish World Class Universities and
Knowledge Cities
Sector
Higher Education Sector
Geographical Location
 Achchuveli Jaffna (15 acres)
 Puttalam - Kalladi – state own land (250 acres )
 Matara - Godagama – LRC land approx.(340 acres )
 Kandy
- Hantana Estate - JEDB land approx (75 acres)
 Mulathivu - Oddusudan – state land approx (100 acres)
 Deniyaya - Sellakanda Watte, Viharahena – LRC land appox 200 acres
 Hambantota
Ministry of Higher Education and the Board of Investment of Sri Lanka
Responsible Agent(s)
Project Description &
Rationale / Objectives
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Existing Policy, Institutional
Frame Work and concessions
to be offered
Contact Person
To establish 05 world class Universities and 02 Knowledge Cities;
 To attract (10,000) foreign students, (500) foreign Professors and
Researchers to Sri Lanka.
 To minimize the outflow of the Sri Lankan students going abroad.
(estimated 10,000 leave seeking higher education annually)
 Approx. 250,000 are qualified to enter universities in Sri Lanka annually,
out of which only 25,000 are allocated seats in the state universities and
the balance of 25,000 go into technical colleges.
 An estimated 75,000 are enrolled in the non-state sector higher education
institutes.
US$ 25 Mn. and above of inward remittance for investment purpose
Proposals accepted
Projects can be initiated immediately, by identifying a suitable land from
among the lands listed above under item Geographic Locations
Preliminary expression of interest and a comprehensive project proposal.
02 International Universities have already been approved to be established in
Sri Lanka, and several International Universities are having serious
negotiations with the relevant authorities.
a. Applicable Tax Concessions shall be granted by the Board of Investment
of Sri Lanka (BOI).
b. Duty free facilities can be given for the importation of equipment,
Building Materials etc.. under the BOI Incentives
c. The BOI would facilitate obtaining clearances for the Project from the
Ministry of High Education and for the Course Curriculum from the
University Grants Commission where necessary in term of strengthening
the objectives of “Mahinda Chintana Idiri Dakma”.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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Geographical Map Identifying suitable locations
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6 - PROJECT PROFILE – Establishment of Southern Campus of General
Sir John Kotelawela Defense University
Sector
Higher Education Sector
Geographical Location

Responsible Agent(s)
Ministry of Defense & Urban Development, General Sir John Kotelawela
Defense University of Sri Lanka (KDU), Ministry of Higher Education and the
Board of Investment of Sri Lanka
General Sir John Kotelawela Defense University of Sri Lanka (KDU)is striving to
contribute in the development of tertiary education in Sri Lanka. In this
endeavor, KDU has expanded its objectives of producing academically
qualified officers for tri-forces and now it also offers tertiary educational
programs for military, civilian and foreign students on a fee levying basis.
Project Description &
Rationale / Objectives
Hambantota District, Southern Province
The new development work of southern Campus of KDU shall encompass staff
Residential & administrative units, state of the art standard lecture theaters,
state of the art interactive lecture theaters with multimedia facilities,
Computer laboratories with staff rooms, cafeterias, furnish family Guest
houses, residential Hostel accommodation for all students, landscaping and
green environment, Sports facilities, Auditorium halls, state of the art library
with e-learning facilities, accommodation for technician & workers etc.
Project Size
Proposed Procurement
Process
Planned Start Date
Current Status
Existing Policy, Institutional
Frame Work and concessions
to be offered
Contact Person
US$ 25 Mn. and above of inward remittance for investment purpose
Proposals accepted
Project can be initiated immediately, by submission of a Proposal and the
academic program should commence by January 2015 for the intake of the
first batch at Southern Campus of KDU.
40.5 Ha land has already been identified and allocated for the Southern
Campus of KDU
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka (BOI).
b. Duty free facilities can be given for the importation of equipment,
Building Materials etc.. under the BOI Incentives
c. Educational Degrees programs offered at the new Southern Campus of
KDU are;
1. B.Sc in Industrial Information Systems
2. B.Sc. in Management,
3. B.Sc. in Quantity Surveying
4. Bachelor of Architecture
5. B.Sc in Surveying Science,
6. B.Sc in Aviation Management (Second Phase)
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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7 - PROJECT PROFILE - Homeopathic Training College & Homeopathic
Hospital
Sector
Training Institute
Geographical Location
5 Acres state owned land at Kalawana
Responsible Agent(s)
Investor, BOI etc..
Project Description &
Rationale /Objectives
ESTABLISHMENT OF A HOMEOPATHIC TRINING COLLEGE &
HOMEOPATHIC HOSPITAL
The project aims to construct and operate a Homeopathic Training Institute with
all facilities inclusive of a Hospital in Sri Lanka.
Project Size
Proposed Procurement
Process
Planned Start Date
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
USD 5.0 Mn
Private investors are encouraged to undertake construction and management of
the Homeopathic hospital with Government supervision.
Investment Model
Foreign Direct Investment
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
A large portion of the population in Sri Lanka is reported to be heavily
dependent on indigenous medicine to meet their health care needs.
Homeopathy being one safest and cost effective system of medicinal practices
all over the world, there is an increasing demand for its professional service.
Since there is no Homeopathic Training Collage in Sri Lanka, students who wish
to study this system of medicine go to neighboring countries such as India and
Sri Lanka at a great cost to the country.
The project will enhance the facilities available in the country for studying
homeopathy and more local students who are willing to learn this system of
medicine at much less cost. It will save a significant amount of foreign
exchange.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
a. Applicable Tax Concessions shall be granted by the Board of Investment
of Sri Lanka.
b. Duty free facilities can be given for the importation of equipment,
Building Materials etc.. Under the BOI Incentives.
c. The BOI would facilitate in obtaining of clearances / approvals from the
Ministry of Indigenous Health for the Proposed Project.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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C.
IT, BPO & Knowledge Activities
8 - PROJECT PROFILE – Mini Software / KPO Park Development
Sector
IT & BPO
Geographical Location
14 Acres state land at Kundasale adjoining the Kandy Industrial Park
Responsible Agent(s)
Investor, BOI, UDA and other relevant Line Ministry / Agency
Project Description &
Rationale /Objectives
Projects Envisaged;
Project Size
USD 10.0 Mn and above
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by submission of a proposal
to the Board of Investment of Sri Lanka.
Planned Start Date
a. Mini Software Development Parks
b. Business/ Knowledge Process Outsourcing Parks
Project Documentation
Potential Investors / Developers are invited to invest in setting up of Company
to cater to the Proposed Project within Sri Lanka. The Project Company shall
qualify for applicable incentives under the Board of Investment of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities can be given for the importation of equipment, Building
Materials etc.. under the BOI Incentives
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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9 - PROJECT PROFILE
To Develop an IT & Knowledge Park within the Northern
Province
Sector
Geographical Location
IT & Knowledge Services
Achchuveli within Northern Province from Colombo
Responsible Agent(s)
Project Description &
Rationale / Objectives
317
Board of Investment of Sri Lanka
Development of Information Technology Park / Educational Park, Multi
use complex
* Sri Lanka has been ranked 2nd in South Asia under the Network
Readiness Index in the Global Information Technology Report 2010- 2011
published by the World Economic Forum
*Sri Lanka has the largest pool of UK Certified Accountants outside of
UK.
* IT industry wages range from US$ 150 to US$ 2500 per month which is
30% lower than other offshoring destinations.
Project Size
According to the current National data;
 No. of students sat for the University Entrance examination 250,000.
 No. of students qualified for University entrance 150,000.
 No. of students intake to local govt. Universities 25,000.
USD 10.0 Mn and above in phase 1
15 Acre Land has been identified from Achchuveli in Jaffna.
Proposed Procurement
Process
Planned Start Date
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
Project Documentation
Current Status
Project proposal including previous experience
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project as a 15
Acre Land is available on a 50 year lease basis;


Financing Amount &
Structure Required
Contact Person
Lease Premium 6000 US$ Per Acre
Annual Ground Rent 1500 US $ Per Acre
US$ 10 Mn. and above.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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D
PORT RELATED COMMERCIAL HUB OPERATIONS
10 - PROJECT PROFILE - Establishing Entreport Trade / Services
Sector
Geographical Location
Hub Operations
A – Import of merchandise for minor processing and re-export
B – Import of inputs for export processing with minimum of
10% of Value Addition
Suitable Land to be identified depending on area of activity
Free Ports – Colombo & Hambantota Ports
Specified Bonded Areas – Mattala Airport & Mirrijjawila Export Processing Zone
Bonded Areas – Katunayake & Koggala Export Processing Zones
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka
Ports Authority etc..
Project Description &
Rationale /Objectives
Establishing Entreport Trade Operations / Services in Sri Lankan
Project Size
USD 5.0 Mn and above
Proposed Procurement
Process
Investment Model
Planned Start Date
Project Documentation
a. Foreign Direct Investment,
b. Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka.
Potential Investors / Developers are invited to invest in setting up of a Company
to cater to Entreport Trade utilizing the designated areas within Sri Lankan.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame Work
and concessions to be
offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities can be given for the importation of Plant, equipment
and Machinery etc.. Under the BOI Incentives.
c. Should have license regime in order to ensure smooth operations of
activities, Under Customs Licensed System and supervision
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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11 - PROJECT PROFILE - LOGISTIC SERVICES
Sector
Geographical Location
Hub Operations / Logistic Services
A. Warehousing, Inventory Management, Logistic Value Addition
B. Freight forwarding for clients abroad
C. Transshipment Activities
D. Regional Trade Bonds
Suitable Land to be identified depending on area of activity
Free Ports – Colombo & Hambantota Ports
Specified Bonded Areas – Mattala Airport & Mirrijjawila Export Processing Zone
Bonded Areas – Katunayake & Koggala Export Processing Zones
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka
Ports Authority etc..
Project Description &
Rationale /Objectives
Logistic Services
Project Size
USD 3.0 Mn and above
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by the investor by identifying a
suitable land depending on Investor Interest and submission of a proposal to
the Board of Investment of Sri Lanka.
Planned Start Date
Project Documentation
Potential Investors / Developers are invited to invest in setting up of a Company
to cater to the proposed Project within Sri Lanka. The Project Company shall
qualify for applicable incentives under the Board of Investment of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame Work
and concessions to be
offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities can be given for the importation of Plant, equipment and
Machinery etc.. Under the BOI Incentives.
c. Should have license regime in order to ensure smooth operations of
activities, Under Customs Licensed System and supervision
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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12 - PROJECT PROFILE - Head Quarters Operations
Sector
Hub / Head Quarters Operations
A. International Billing
B. Quality Control
C. Financial Services
D. Administration
E. Supply Chain Management
Geographical Location
Suitable Land to be identified depending on area of activity
Free Ports – Colombo & Hambantota Ports
Specified Bonded Areas – Mattala Airport & Mirrijjawila Export Processing Zone
Bonded Areas – Katunayake & Koggala Export Processing Zones
Responsible Agent(s)
Investor, BOI, Airport and Aviation Services (Sri Lanka) Limited, Sri Lanka
Ports Authority etc..
Project Description &
Rationale /Objectives
Logistic Services
Project Size
USD 1.0 Mn and above
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Project can be initiated with immediate effect, by the investor by identifying a
suitable land depending on Investor Interest and submission of a proposal to
the Board of Investment of Sri Lanka.
Planned Start Date
Project Documentation
Potential Investors / Developers are invited to invest in setting up of a Company
to cater to the proposed Project within Sri Lanka. The Project Company shall
qualify for applicable incentives under the Board of Investment of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame Work
and concessions to be
offered
d. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
e. Duty free facilities can be given for the importation of Plant, equipment and
Machinery etc.. Under the BOI Incentives.
f. Should have license regime in order to ensure smooth operations of
activities, Under Customs Licensed System and supervision
Contact Person
3. Mr. Vidharshan Fernando, Director (Business Development), BOI
4. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
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E
HEALTH SECTOR
13 - PROJECT PROFILE – PRIVATE HOSPITALS
Sector
Infrastructure / Health Care Services
Geographical Location
1 Acre UDA land within the city of Kurunegala
Responsible Agent(s)
Investor, BOI etc..
Project Description &
Rationale /Objectives
Establishment of Private Hospitals
Specifically designed to treat patients with heart ailments, mental tranquility and
medical Tourism.
Project Size
USD 10.0 Mn and above.
The proposed hospital to be established in Gampaha, Ratnapura and Jaffna
districts should have a minimum of 200 Beds with all facilities.
Proposed Procurement
Process
Investment Model
Foreign Direct Investment
Land would be offered on a long term lease basis
Planned Start Date
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
Need for developing special hospitals for patients with heart ailments has been
identified as a priority intervention in the health sector with Sri Lanka observing
an increase in non-communicable diseases, the incidence of heart diseases too is
on the rise.
This project will improve the accessibility to modern and high quality services in
relation to medical and surgical tertiary care and the proposed project will fills
gaps in healthcare delivery avoiding undue disparities in access to such services.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
a. The BOI would facilitate in obtaining of clearances / approvals from the
Ministry of Health for the Proposed Project.
b. Applicable Tax Concessions shall be granted by the Board of Investment
of Sri Lanka.
c. Duty free facilities can be given for the importation of equipment,
Building Materials etc.. Under the BOI Incentives.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
20 | P a g e
F.
INFRASTRUCTURE DEVELOPMENT (NEW ZONES &
PETROLEUM REFINERY)
14 - PROJECT PROFILE – Development of a Agro Economic Zone
Sector
Infrastructure / Agro Processing
Geographical Location
500 Acres land owned by MASL at Pollebadda, Mahaoya
Responsible Agent(s)
Project Description &
Rationale /Objectives
Investor, BOI, UDA etc..
Project Size
US$ 35Mn and above
Agro Economic Zone at within the Northern / Eastern Province, The project aims to
construct a 350 acre Agro Processing Zone with all facilities within Northern Province
in Sri Lanka.
 The project will enhance the facilities available within the Northern Province
inclusive of creation of urgently needed job opportunities.
 To create a centre of excellence for agro business and investments that conforms
to best international standards.
 Promote local and foreign investments in Agro Processing Sector with Research,
innovation, new technology.
Government will provide a suitable land on long term lease basis and the supportive
facilities etc. Private investors are encouraged to undertake construction and
management of the Agro Processing Zone
Proposed Procurement
Process
Planned Start Date
Investment Model
Foreign Direct Investment
Project Documentation
Development of a Special Economic Zone within the Northern / Eastern Province has
been identified as a priority Project to offer employment opportunities to the skilled
and unskilled labor force within the Province.
Project can be initiated with immediate effect, by submission of a proposal
to the Board of Investment of Sri Lanka
The Government shall identify a suitable land based on investor requirements for the
proposed Agro Economic Zone and the supportive facilities including access roads,
water supply, electricity etc. shall be developed inclusive of standard factory Buildings
for potential investors to setup their Agro Processing Plants.
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
a.
b. Applicable Tax Concessions shall be granted by the Board of
Investment of Sri Lanka.
c.
Contact Person
Government will provide the necessary supportive infrastructure including
lands for establishment of the Agro Processing Zone, access roads, electricity
and water supply facilities
Duty free facilities can be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
21 | P a g e
15 - PROJECT PROFILE - To Establish & Operate an Agro Zone
Agriculture
Geographical Location
600 Acres MASL land at Siddhapura in Welikanda
Responsible Agent(s)
Mahaweli Authority of Sri Lanka
Project Description &
Rationale / Objectives
To Develop the Agro Zone to locate for animal husbandry, dairy,
cultivation of cash crops using annual rainfall, agro wells or by rainwater
harvesting
Project Size
Proposed Procurement
Process
USD 25.0 Mn and above for total Project
600 Acres
Investment Model
Foreign Direct Investment
Planned Start Date
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
Project Documentation
Project application – feasibility report etc
600 Acres could be allocated to establish & operate an Agro Zone or as
individual Projects within the Zone
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project as
600 acre land is available for Development and the Land has already been
surveyed and is available to commence the project
Sizable plots of land could be allocated depending on investment and
employment criteria
Current Status
Financing Amount &
Structure Required
Existing Policy, Institutional
Frame Work and concessions
to be offered
a. The Investor / Developer shall develop & operate the Agro Zone inclusive
of access roads, electricity and water supply facilities within the Zone.
b. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
c. Duty free facilities can be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
22 | P a g e
16 - PROJECT PROFILE – Setting up of an Oil Refinery for Export &
Bunkering Purpose
Sector
Manufacturing
Geographical Location
Kappalthurai, Eastern Sri Lanka closer to Trincomalee Port.
Responsible Agent(s)
Investor, BOI, SLPA, Ministry of Petroleum,
Project Description &
Rationale /Objectives
The site is suitable for an Oil Refinery to be developed for Bunkering and Export
Purpose.
Project Size
Minimum Investment USD 1000.0 Mn and above
Proposed Procurement
Process
Investment Model
Foreign Investment
Planned Start Date
Project can be initiated with immediate effect, by submission of a proposal to
the Board of Investment of Sri Lanka
Project Documentation
Potential Investors / Developers are invited to invest in setting up of enterprises
to cater to Oil Refinery for Bunkering for export. The Project Company shall
qualify for applicable incentives under the Board of Investment of Sri Lanka.
Current Status
Initial Project Concept, Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame Work
and concessions to be
offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka
b. Duty free facilities can be given for the importation of equipment / Plant and
Machinery etc.. under the BOI Incentives.
c. The Board of Investment of Sri Lanka shall facilitate in obtaining all required
approvals / clearances for the investor / Developer.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
23 | P a g e
G.
Manufacturing Sector
17 - PROJECT PROFILE - Investment Opportunity in Manufacturing Pharmaceutical
Products for the Local and Export Market
Sector
Manufacturing Pharmaceutical Products for the Local and Export Market
Geographical Location
A suitable land to be identified from among the available lands from BOI
Land Data Base
Responsible Agent(s)
Ministry of Health , Central Environmental Authority , Environmental
Department of BOI, Water Board
Project Description &
Rationale /Objectives
The Government of Sri Lanka has spent US$ 372 Mn. on importation of
Pharmaceutical and Medical Products in 2013. The estimated cost of locally
manufactured pharmaceutical products in 2013 was approx. US$ 40 Mn. This
was 8% -10 % from the total requirement. Therefore there is an opportunity for
manufacturing pharmaceutical product for the national requirement.
Accordingly the special incentives have been granted to manufacture
pharmaceutical products as import replacement for the country in budget
proposal 2012.
Project Size
USD 25.0 Mn and above
Existing Policy,
Institutional Frame Work
and concessions to be
offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of Sri
Lanka.
b. Clearance shall be facilitated with the assistance from Ministry of Health to
maintain quality and standards of the manufactured items.
c. Duty free facilities can be given for the importation of equipment, Building
Materials etc. under the BOI Incentives
Planned Start Date
Project can be initiated with immediate effect, with the submission of a proposal
to the Board of Investment of Sri Lanka
Project Documentation
Project Proposal & Application, Site Application, Letter of Approval,
Approval from Ministry of Heath, Agreement with the BOI and enterprise.
Current Status
Around 90 % from the national requirement of pharmaceutical product
has to be imported. A potential market demand is available for locally
manufactures.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
24 | P a g e
18 - PROJECT PROFILE – Manufacturing Healthcare Supplements /
Cosmetic Products
Sector
Manufacturing
Geographical Location
A suitable land to be identified from among the available lands from
BOI Land Data Base
Responsible Agent(s)
Investor, BOI, UDA, Ministry of Health
Project Description &
Rationale /Objectives
Manufacture of Healthcare Supplements / Cosmetic Products.
Project Size
USD 5.0 to 25 Mn or above
Proposed Procurement
Process
Investment Model
a. Foreign Direct Investment, or
b. Joint venture arrangement with any Composition
Planned Start Date
Project can be initiated with immediate effect, by identifying a suitable land
within a SEZ or within a proposed Pharmaceutical Zone and submission of a
proposal to the Board of Investment of Sri Lanka.
Project Documentation
Potential Investors / Developers are invited for Foreign Direct Investment or
any composition of Joint Venture between Local & Foreign Investors to set up
Projects within Sri Lanka. The Project Company shall qualify for applicable
incentives under the Board of Investment of Sri Lanka.
Current Status
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project.
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Clearance shall be granted by the Ministry of Health to maintain
standards of the manufactured products.
c. Duty free facilities can be given for the importation of equipment,
Building Materials etc.. under the BOI Incentives
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
25 | P a g e
19 - PROJECT PROFILE – Value Added Rubber Industry
Sector
Manufacturing
Geographical Location
A suitable land to be identified from among the available lands from
BOI Land Data Base
Responsible Agent(s)
Investor, BOI, UDA and other relevant Line Ministry / Agency
Project Description &
Rationale /Objectives
Value added Rubber Products i.e. Tyres, Tubes, rubber based Motor Spare Parts, rubber
based toy products etc. for export market under Free Trade Agreement between
Sri Lanka and India / Sri Lanka and Pakistan
Project Size
USD 5.0 Mn and above
Proposed Procurement
Process
Investment Model
a. Foreign Direct Investment
Planned Start Date
Project Documentation
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
Project can be initiated with immediate effect, by the investor by identifying a
suitable land within Hambantota Port or depending on Investor Interest
and submission of a proposal to the Board of Investment of Sri Lanka.
Potential Investors / Developers are invited for Foreign Direct Investment or
any composition of Joint Venture between Local & Foreign Investors to set up
Projects to cater manufacturing of Rubber Based Products for export Market.
The Project Company shall qualify for applicable incentives under the Board of
Investment of Sri Lanka.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project.
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities can be given for the importation of equipment, Building
Materials etc.. under the BOI Incentives
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
26 | P a g e
20 - PROJECT PROFILE - Manufacture of Textile Accessories
Sector
Manufacturing
Geographical Location
A suitable land to be identified from among the available lands from
BOI Land Data Base
Responsible Agent(s)
Investor, BOI, UDA and other relevant Line Ministry / Agency
Project Description &
Rationale /Objectives
Manufacture of Textile accessories
Project Size
USD 5.0 Mn and above
Proposed Procurement
Process
Investment Model
Sri Lanka has a well develop Garment Industry and as such Potential Investors /
Developers are invited to invest in the manufacture of textile accessories to
cater to the Garment Industry within Sri Lanka.
Foreign Direct Investment
Planned Start Date
Project can be initiated with immediate effect, by the investor by identifying
a suitable land depending on Investor Interest and submission of a
proposal to the Board of Investment of Sri Lanka.
Project Documentation
Potential Investors / Developers are invited to invest in setting up of Company
to cater to the proposed Project within Sri Lanka. It is preferred that such
Company is located within Private lands or within an available SEZ’s land. The
Project Company shall qualify for applicable incentives under the Board of
Investment of Sri Lanka.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Current Status
Existing Policy,
Institutional Frame Work
and concessions to be
offered
Contact Person
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities can be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
27 | P a g e
21 - PROJECT PROFILE
- Woven Fabric Manufacturing Plant (Textile
Manufacturing) cluster
Sector
Geographical
Location
Woven Fabric Manufacturing Plant (Textile Manufacturing) cluster
A suitable land to be identified from among the available lands from
BOI Land Data Base
Responsible
Agent(s)
Project Description
& Rationale /
Objectives
Project Size
Proposed
Procurement Process
Ministry of Industry & Commerce, BOI, UDA
Planned Start Date
Project
Documentation
Current Status
To set up a textile mill for manufacture of woven fabrics to meet the annual
demand of 1,000 million meters of textile materials requirement of this
country. Presently the Country imports nearly 80% from abroad.
USD 10.0 Mn and above
Investment Model
a. Foreign Direct Investment,
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Potential Investors / Developers are invited to invest in setting up of a Company
to cater to the proposed Project within Sri Lanka. It is preferred that such
Company is located within an Industrial Estate.
The Project Company shall qualify for applicable incentives under the Board of
Investment of Sri Lanka.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame
Work and concessions
to be offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of
Sri Lanka.
b. Duty free facilities to be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
28 | P a g e
H
PPP Projects in Dairy Industry
22 - PROJECT PROFILE
- Public Private Partnerships in Model Agro Farms
Sector
Geographical
Location
Responsible
Agent(s)
Project Description
Agro Farms for Dairy Industry
A suitable land to be identified from among the available lands identified
below
Ministry of Livestock & Rural Community Development, BOI,
Lands Available
The Following Lands are offered on a 30year lease time Period for the Project
To set up Model Dairy Farms to supplement the national Milk Requirement.
Location
Name of the Farm
Project Size
Proposed
Procurement Process
Planned Start Date
Project
Documentation
Current Status
Province
District
Total
land
area
(Ha)
Type of Livestock
Operation
Kottukachchiya
North-Western
Puttlam
344
Neat Cattle, Buffaloes,
Goats
Nikeweratiya
North-Western
Kurunegala
765
Neat Cattle, Buffaloes
Oyamaduwa
North-Central
Anuradhapura
1012.7
Neat Cattle, Buffaloes
Parasangaswewa
North-Central
Anuradhapura
632.5
Neat Cattle
Welikanda
North-Central
Polonnaruwa
384.5
Neat Cattle
USD 5.0 Mn and above
Investment Model
Foreign Direct Investment under a Public Private partnership with National Livestock
Development Board
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Potential Investors / Developers are invited to invest in setting up of a Company to
cater to the proposed Project within Sri Lanka.
Initial Project Concept – Investor / Developer could contact the Board of
Investment of Sri Lanka for further details regarding the proposed Project
Existing Policy,
Institutional Frame
Work and concessions
to be offered
a. Applicable Tax Concessions shall be granted by the Board of Investment of Sri
Lanka.
b. Duty free facilities to be given for the importation of equipment, Building
Materials etc.. Under the BOI Incentives.
Contact Person
1. Mr. Vidharshan Fernando, Director (Business Development), BOI
2. Mr. Sudath Jayasekera, Assistant Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090 Email Address : [email protected]
29 | P a g e
I. SERVICES & UTILITIES SECTOR
23 - PROJECT PROFILE
- 5 MW DENDRO POWER PLANT AT KURUNEGALA
Concept
Potential investors / developers are invited to invest 5 MW Dendro Power Plant to supply power to the
National Grid. The Project Company namely Wayamba Dendro Power (Pvt) Ltd is already incorporated and
has been obtained all required approvals / license from relevant authorities. Since the company has
entered into Standardized Power Purchase Agreement with Ceylon Electricity Board the project could be
implemented immediately.
Salient Features of the project
1.
Estimated Minimum Investment
:
US$ 12 Mn in Fixed Assets
2.
Date of Standardized Power
Purchase Agreement
:
21 September 2011
3.
Applicable Tariff
:
20.70 LKR/Kwh
4.
Net Annual Energy
:
32.76 Gwh
5.
Average Plant Factor
:
32%
6.
Type of Fuel
:
Gliricidia wood
7.
Gross Annual Biomass requirement
(at 30% MC)
:
57,000 Tons (1.314Kg/kWh and 32%
Plant factor)
8.
Biomass Consumption Rate
:
1.314 kg of wood at 30% MC
9.
Project Location
:
Kirindiwalmada, Hiriyala, Kurunegala
10.
Eligible Incentives - Under BOI
 Applicable corporate tax exemptions
 Customs duty exemption for the importation of project related items / plant
machinery
 Exemptions on provisions of exchange control act for repatriation of profits, dividends,
sales proceeds of capital etc
Note -
Contact Details -
Any other exemptions applicable under VAT, NBT, PAL or any other law will be
granted
Mr. Vidharshan Fernando, Director (Business Development), BOI
Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090
Email Address : [email protected]
30 | P a g e
24 - PROJECT PROFILE
- 10 MW DENDRO POWER PLANT AT ELLEWEWA
Concept
Potential investors / developers are invited to invest 10 MW Dendro Power Plant to supply power to the
National Grid. The Project Company namely Ellewewa Power Co (Pvt) Ltd is already incorporated and has
been obtained all required approvals / license from relevant authorities. Since the company has entered
into Standardized Power Purchase Agreement with Ceylon Electricity Board the project could be
implemented immediately.
Salient Features of the project
1.
Project Cost
:
US$ 21 Mn
2.
Date of Standardized Power
Purchase Agreement
:
21 October 2010
3.
Applicable Tariff
:
20.70 LKR/Kwh
4.
Net Annual Energy
:
70 Gwh
5.
Average Plant Factor
:
32%
6.
Type of Fuel
:
Gliricidia wood
7.
Gross Annual Biomass requirement
(at 25% MC)
:
100,000 Tons (1.314Kg/kWh and 32%
Plant factor)
8.
Biomass Consumption Rate
:
1.314 kg of wood at 25% MC
9.
Project Location
:
Ellewewa, Aralaganwilla
10.
Power Plant Land
:
49 Acres lease land
11.
Dedicated Plantation
:
700 acres Mahaweli reservation land
12.
Eligible Incentives - Under BOI
 Applicable corporate tax exemptions
 Customs duty exemption for the importation of project related items / plant
machinery
 Exemptions on provisions of exchange control act for repatriation of profits, dividends,
sales proceeds of capital etc
Note -
Contact Details -
Any other exemptions applicable under VAT, NBT, PAL or any other law will be
granted
Mr. Vidharshan Fernando, Director (Business Development), BOI
Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090
Email Address : [email protected]
31 | P a g e
25 - PROJECT PROFILE
10 MW WASTE TO ENERGY POWER PLANT AT
MEETHOTAMULLA
Concept
Potential investors / developers are invited to invest 10 MW Waste to Energy Power Plant to supply power
to the National Grid. The Project Company namely Western Power Co (Pvt) Ltd is already incorporated and
has been obtained all required approvals / license from relevant authorities. Since the company has
entered into Standardized Power Purchase Agreement with Ceylon Electricity Board the project could be
implemented immediately.
Salient Features of the project
1.
Estimated Minimum Investment
:
US$ 50 Mn in Fixed Assets
2.
Date of Standardized Power
Purchase Agreement
:
24 September 2012
3.
Applicable Tariff
:
20.02 LKR/Kwh
4.
Net Annual Energy
:
70 Gwh
5.
Average Plant Factor
:
80%
6.
Type of Fuel
:
Municipal Solid Waste
7.
Gross Annual Biomass requirement
:
146,000 Tons (1200-1450 Kcal/kg and
80% Plant factor)
8.
MSW Consumption Rate
:
700 Tons/Day
9.
Project Location
:
Meethotamulla, Colombo
10.
Eligible Incentives - Under BOI
 Applicable corporate tax exemptions
 Customs duty exemption for the importation of project related items / plant
machinery
 Exemptions on provisions of exchange control act for repatriation of profits, dividends,
sales proceeds of capital etc
Note -
Contact Details -
Any other exemptions applicable under VAT, NBT, PAL or any other law will be
granted
Mr. Vidharshan Fernando, Director (Business Development), BOI
Mr. Duminda Premaratne, Deputy Director (BIU) of BOI
Phone : +94112427000 Facsimile : +94112346090
Email Address : [email protected]
32 | P a g e
Location map of BOI Zones
33 | P a g e
J.
Annexes A
1. Expressions of Interest (EOI) Submission Format
Any Company or a Party who is interested in any Project listed in this document should submit the
Completed EOI to the Executive Director (Investment Promotion), Board of Investment of Sri Lanka, Level
26, West Tower, World Trade Center, Echelon Square Colombo 01, Sri Lanka.
If more than one Proposal is received for one single project, the proposals would be ranked on the
receiving order.
Duly Completed Expression of Interest (EOI) should be sent by Facsimile to +94112346090
GENERAL INFORMATION
Name of the Party / Company:
Project Profile
No :
Project Details :
Contact Details
1
Head Office Address
2
Telephone
Contact
3
Facsimile
Email
4
Place of Incorporation / Registration
Year of Incorporation / Registration
5
Main lines of Business
6.
1.
Since:
2.
Since:
Scope of Participation
Authorized Signatory:Signature:
_____________________
Name:
_____________________
Position:
______________________
Date: ____________________
Company Stamp
34 | P a g e
\
2.
BOI Database of Lands to be offered for Structured Projects
Sr. No.
Location
Name of the Land
District
DS Division
Ownership
Extent
1.
Land at Godagama
Matara
Walipitiya
LRC
340 A
2.
Land at Kallady
Puttlam
Puttlam
LCG
250 A
3.
Ensalwatte
Matara
Kotapola
LRC
200 A
4.
Land at Hantana
Kandy
Gangawata Korale
JEDB
75 A
5.
Land at Atchchuweli
Jaffna
Kopay
State
25 A
Puttlam
Karuwalagaswewa
Forest Dept
500 A
6.
Sirisarawatte
7.
Land at Kokkavil
Mullaitivu
Oddusudan
State
100 A
8.
Malinduwakanda
Gampaha
Kirindiwela
BOI
125 A
9.
Balagolla, Kundasale
Kandy
Kundasale
LCG
14A
10.
Balagolla, Kundasale
Kandy
Kundasale
Competent
Authority/
BOI
7 A (100,000 S.ft
Superlight
Garment Ind.
(Pvt) Ltd/BOI
03A
11.
12.
Superlight Garment Ind.
(Pvt) Ltd, Gampola
Kolapathana Estate
Kandy
Nuwara Eliya
Udapalatha
Kothmale
LRC
2 bldgs)
(20,000 sq.ft.
building)
65 A
35 | P a g e
Sr. No.
Location
Name of the Land
13.
Keerthibandarapura,
Walapane
District
DS Division
Ownership
Extent
Nuwara Eliya
Walapane
BOC
5A
(20,200 sq.ft. bldg.)
14.
Dambulla – Thammenna
Ela
15.
Matale
Dambulla
UDA
5A
Laxauyana Industrial Park
Polonnaruwa
Thamankaduwa
BOI
1A
16.
Budangala, Padaviya
Anuradhapura
Padaviya
MASL
1000 A
17.
Kiralawatiyawa
Thuppitiyawa
Anuradhapura
Mahawilachchiya
Forest Dept
500 A
18.
Kadolkelewatta, Seeduwa
Gampaha
Katana
BOI
1A 1R 15P
19.
Kadolkelewatta, Seeduwa
Gampaha
Katana
BOI
22 A
20.
SLPA Land , Mahara
Kadawatha
Gampaha
Mahara
SLPA
19A
21.
Former Sanjaya Garment
Site, Kalawana
Ratnapura
Kalawana
Competent
Authority
5A
22.
Senapura, Kadjugammana
Hambantota
Lunugamwehera
State/ NLDB
1000 A
23.
Nawagiriyagama, Uhana
Ampara
Uhana
Forest Dept
500 A
24.
Pollebedda, Mahaoya
Mahiyanganaya
Mahaoya
MASL
1000 A
25.
Aranthalawa, Maha Oya
Ampara
Maha Oya
MASL
5A
26.
Kiul Wewa, Padiyathalawa
Ampara
Padiyathalawa
MASL
3A
27.
Mahiyanganaya
Mahiyanganaya
Mahiyanganaya
Gabo
Apparels (P)
Ltd
5A
28.
‘Sathyawadi’ land
29.
30.
31.
(20,000 s.ft. bldg)
Kurunegala
Kurunegala
UDA
01A 1R
Mawarlawatta
Matara
Pasgoda
LRC
70 A
Mirishenawatte
Kalutara
Bulathsinhala
LRC
300 A
Perth Estate (Land opposite
Kalutara
Ingiriya
BOI
7A 2R 10.2P
36 | P a g e
Sr. No.
Location
Name of the Land
District
DS Division
Ownership
Extent
Batticaloa &
Polonnaruwa
Koralaipattu South &
Welikanda
MASL
785 A
HEPZ)
32.
Siddhapura Farm land
37 | P a g e
38 | P a g e