Investments

Investment Protection and Guarantee - 1982

The bilateral agreements between Sri Lanka and Malaysia provide for the following.

• Protection against nationalization.
• Prompt and adequate compensation if required
• Free remittance of earnings, capital, and business fees
• Settlement of disputes under the International Convention for the Settlement of Investment Disputes (ICSID).

Sri Lanka is also a founder member of the Multinational Investment Guarantee Agency (MIGA). This provides further safeguards against expropriation and non – non-commercial risk. z

Key Target Sector Opportunities

While BOI welcomes investment in almost all areas, the following sectors have been identified to promote foreign direct investment from Malaysia. The sectors were identified based on comparative and competitive advantages available, and the need to promote the diversification of the export sector through backward linkages, high technology, and value addition. 

Manufacturing 

• Electrical and Electronic, Auto Components, Pharmaceuticals
• Cost-effective assembly base for export to Southeast Asia through Sri Lanka’s Trade Agreements
• Design and development partner through Sri Lanka’s growing electronics and ICT ecosystem
• Joint venture opportunity in component manufacturing

Services - ICT

• Strategic Investment Zones in Sri Lanka under Public-Private Partnership (PPP) Models
• Entry Point to South Asian and ASEAN tech market
• Skilled labor and competitive costs

Renewable Energy

• Strategic Entry into the South Asian Green Energy Market