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BOI

Full company profile

uuid0007bf7

Namestring
BOI
Legal namestring
Board of Investment of Sri Lanka
Websiteurl
boi.lk
Company typeenum
Private
Founded yearint
1978
Descriptiontext

The Board of Investment of Sri Lanka (BOI) is a government statutory body established in 1978 and headquartered at Level 24, West Tower, World Trade Centre, Colombo 01. It operates as the sole government-designated investment promotion agency of Sri Lanka, with statutory authority to administer investment incentives and serve as the single-window facilitator for foreign and local investors. The agency is wholly owned by the Sri Lankan state and is not a commercial enterprise; its investor facilitation services are provided free of charge to qualifying investors and it does not publicly disclose revenue.

BOI's core offering is a portfolio of investor services rather than a unified technology product. It operates the BOI Online Services portal covering web submission, visa applications, import/export declarant functions, ID issuance, land bank access, local sales, export data, and a job bank, complemented by Android and iOS mobile applications and a separate "Ready to Invest Sri Lanka" platform (readytoinvestsl.com) for structured investment opportunities. The agency promotes investment across eight priority sectors — Apparel, Auto Components, Electrical & Electronic, Food Processing, Information Technology, Logistics, Pharmaceuticals, and Tourism & Leisure — and has extended into energy infrastructure via a 2026 RFI for 250 MW Battery Energy Storage System (BESS) projects.

The agency's distribution footprint combines global digital self-service channels (web, mobile, partner platform) with direct domestic investor consultation via a hotline and telephone support, and a referral partnership with businesspartner.lk through the Partnership Finder. Its competitive positioning is anchored in Sri Lanka's strategic maritime location (world's fastest-growing port 2024, best transshipment hub in South Asia), country-brand recognition (BBC Travel, Big 7 Travel, International Tourism Awards 2024), and visible enterprise logos including H&M, Ralph Lauren, Moody's, Pearson, IFS, Virtusa, Triumph, and GAP.

Short descriptiontext

The Board of Investment of Sri Lanka (BOI) is the government statutory agency, established in 1978, that promotes and facilitates foreign and local investment through single-window services, digital portals, and sector-specific incentives across eight priority industries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersColombo, Sri Lanka
HQ citystring
Colombo
HQ countrystring
Sri Lanka
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
investment promotion services, foreign direct investment, investor facilitation, single-window clearance, investment incentives
Industry3 codes
1Export Credit Agencies (ECAs) & Trade Finance Institutions
CodeBPADACAFPrimaryYes
2Export Credit Agencies (ECAs) & Official Export Finance
CodeFSABAKACPrimaryNo
3Structured Trade & Export Credit (ECA-backed, Structured Solutions)
CodeFSABAHAJPrimaryNo
NAICS code2 codes
  • Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors926150
  • Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors92615
SIC code2 codes
  • International Affairs9721
  • Miscellaneous Business Credit Institution6159
Product category
Investment Promotion Services
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

BOI is the government-designated investment promotion agency of Sri Lanka, facilitating foreign direct and local investments through single-window clearance, investment incentives administration, visa and immigration processing, land bank access, and export/import documentation. It provides investor aftercare and regulatory guidance across priority sectors including Apparel, Auto Components, Electrical & Electronic, Food Processing, IT, Logistics, Pharmaceuticals, and Tourism & Leisure.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

BOI (Board of Investment of Sri Lanka) is a government investment promotion agency that facilitates foreign and local investments in Sri Lanka. Rather than a unified technology product, BOI offers a portfolio of investor services including online portals for visa applications, web submissions, import/export documentation, ID issuing, land bank access, declarant services, export data, and job bank functionality. The agency also promotes investment opportunities across sectors including Apparel, Auto Components, Electrical & Electronic, Food Processing, Information Technology, Logistics, Pharmaceuticals, and Tourism & Leisure.

Product and service3 records
1BESS (Battery Energy Storage System) Investment Opportunities
CategoryInvestment Product
Description

Structured 250 MW Battery Energy Storage System (BESS) investment opportunities promoted by BOI via paper advertisement, targeting investors in Sri Lanka's energy infrastructure sector.

2Ready to Invest Sri Lanka Platform
CategoryInvestment Facilitation Platform
Description

Dedicated digital platform (readytoinvestsl.com) that aggregates pre-structured, investment-ready opportunities in Sri Lanka for immediate investor engagement across multiple sectors.

3BOI Online Services Portal
CategoryInvestor Self-Service Portal
Description

Government self-service digital portal providing BOI investors with web submission, visa application, import/export documentation, local sales, ID issuing, land bank access, declarant services, export data, and job bank functionality.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

BOI partners with businesspartner.lk through their Partnership Finder platform to connect investors with local business partners and service providers in Sri Lanka. This collaboration enables investors to identify suitable local partners for joint ventures, distribution, and operational support.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

India's national investment promotion and facilitation agency, established to attract and retain foreign direct investment into India. Directly comparable to BOI as a government-backed single-window FDI facilitator with sector-focused promotion, digital onboarding portals, and aftercare services for global investors.

TypeDirect peer
Description

Thailand's principal investment promotion agency, also known as BOI, which administers investment incentives and facilitates foreign direct investment into priority sectors. Closely comparable to Sri Lanka's BOI in mandate (FDI promotion, incentive administration, single-window facilitation) and even shares the same agency name.

TypeDirect peer
Description

Malaysia's principal government agency for investment promotion, responsible for attracting FDI across manufacturing and services. Directly comparable to BOI Sri Lanka in its single-window facilitation, sector-targeted promotion (including electronics and logistics), and digital investor services.

TypeDirect peer
Description

Bangladesh's primary investment promotion and facilitation agency, administering investment incentives and providing one-stop services for foreign investors. Comparable to BOI in mandate, regional positioning (South Asia), and target verticals such as apparel, IT, and pharmaceuticals.

5Foreign Investment Agency of Vietnam (FIA / MPI)
TypeDirect peer
Description

Vietnam's national agency for foreign investment promotion and management, operating under the Ministry of Planning and Investment. Directly comparable to BOI as an emerging-market government agency focused on attracting FDI into priority manufacturing and services sectors.

TypeDirect peer
Description

Singapore's government agency championing enterprise development and foreign direct investment. Comparable to BOI in its investor facilitation mandate, although operating in a more mature economy and offering broader enterprise development services alongside FDI promotion.

TypeDirect peer
Description

South Korea's state-run trade and investment promotion organization, supporting Korean exporters and attracting foreign investment. Comparable to BOI in government-backed investment promotion mandate, sector-focused targeting, and global investor outreach infrastructure.

TypeDirect peer
Description

Hong Kong's department dedicated to attracting and retaining foreign direct investment, providing one-stop facilitation services. Comparable to BOI as an Asia-based government FDI promotion body with single-window client services and aftercare support.

9Philippines Board of Investments (BOI Philippines)
TypeDirect peer
Description

The Philippines' statutory investment promotion agency administering the Investment Priorities Plan and incentive frameworks for domestic and foreign investors. Shares the same agency name and mandate structure as Sri Lanka's BOI, making it a direct functional peer in investment incentive administration.

TypeDirect peer
Description

Canada's dedicated investment promotion agency focused on attracting, retaining, and expanding foreign direct investment. Comparable to BOI as a government agency providing facilitation services, sector targeting, and digital investor engagement, albeit in a G7 economy rather than an emerging market.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

BOI

Investment Promotion Servicesboi.lk

The Board of Investment of Sri Lanka (BOI) is the government statutory agency, established in 1978, that promotes and facilitates foreign and local investment through single-window services, digital portals, and sector-specific incentives across eight priority industries.

What BOI does

The Board of Investment of Sri Lanka (BOI) is a government statutory body established in 1978 and headquartered at Level 24, West Tower, World Trade Centre, Colombo 01. It operates as the sole government-designated investment promotion agency of Sri Lanka, with statutory authority to administer investment incentives and serve as the single-window facilitator for foreign and local investors. The agency is wholly owned by the Sri Lankan state and is not a commercial enterprise; its investor facilitation services are provided free of charge to qualifying investors and it does not publicly disclose revenue.

BOI's core offering is a portfolio of investor services rather than a unified technology product. It operates the BOI Online Services portal covering web submission, visa applications, import/export declarant functions, ID issuance, land bank access, local sales, export data, and a job bank, complemented by Android and iOS mobile applications and a separate "Ready to Invest Sri Lanka" platform (readytoinvestsl.com) for structured investment opportunities. The agency promotes investment across eight priority sectors — Apparel, Auto Components, Electrical & Electronic, Food Processing, Information Technology, Logistics, Pharmaceuticals, and Tourism & Leisure — and has extended into energy infrastructure via a 2026 RFI for 250 MW Battery Energy Storage System (BESS) projects.

The agency's distribution footprint combines global digital self-service channels (web, mobile, partner platform) with direct domestic investor consultation via a hotline and telephone support, and a referral partnership with businesspartner.lk through the Partnership Finder. Its competitive positioning is anchored in Sri Lanka's strategic maritime location (world's fastest-growing port 2024, best transshipment hub in South Asia), country-brand recognition (BBC Travel, Big 7 Travel, International Tourism Awards 2024), and visible enterprise logos including H&M, Ralph Lauren, Moody's, Pearson, IFS, Virtusa, Triumph, and GAP.

BOI firmographics

Firmographics
Name
BOI
Legal name
Board of Investment of Sri Lanka
Website
https://boi.lk
Company type
Private
Founded year
1978
Operating status
Operating
Headcount range
101–250 employees
Short description
The Board of Investment of Sri Lanka (BOI) is the government statutory agency, established in 1978, that promotes and facilitates foreign and local investment through single-window services, digital portals, and sector-specific incentives across eight priority industries.
Ownership category
akta.pro rank

BOI industry classification

Industry
Product category
Investment Promotion Services
NAICS
Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)
SIC
International Affairs (9721), Miscellaneous Business Credit Institution (6159)
akta.pro primary industry
Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)
akta.pro secondary industries
Export Credit Agencies (ECAs) & Official Export Finance (FSABAKAC), Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ)

Keywords

  • Investment promotion services
  • Foreign direct investment
  • Investor facilitation
  • Single-window clearance
  • Investment incentives

Where BOI is headquartered

Location

Headquarters

HQ city
Colombo
HQ country
Sri Lanka
HQ region
Asia

Offices1 record

Markets served

BOI business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels5 records

Marketing channels6 records

BOI product offering

Product offering

Core offering

BOI is the government-designated investment promotion agency of Sri Lanka, facilitating foreign direct and local investments through single-window clearance, investment incentives administration, visa and immigration processing, land bank access, and export/import documentation. It provides investor aftercare and regulatory guidance across priority sectors including Apparel, Auto Components, Electrical & Electronic, Food Processing, IT, Logistics, Pharmaceuticals, and Tourism & Leisure.

Product overview

BOI (Board of Investment of Sri Lanka) is a government investment promotion agency that facilitates foreign and local investments in Sri Lanka. Rather than a unified technology product, BOI offers a portfolio of investor services including online portals for visa applications, web submissions, import/export documentation, ID issuing, land bank access, declarant services, export data, and job bank functionality. The agency also promotes investment opportunities across sectors including Apparel, Auto Components, Electrical & Electronic, Food Processing, Information Technology, Logistics, Pharmaceuticals, and Tourism & Leisure.

Differentiator

Problem solved

Functional benefit

Products and services

  • BESS (Battery Energy Storage System) Investment Opportunities Structured 250 MW Battery Energy Storage System (BESS) investment opportunities promoted by BOI via paper advertisement, targeting investors in Sri Lanka's energy infrastructure sector.
  • Ready to Invest Sri Lanka Platform Dedicated digital platform (readytoinvestsl.com) that aggregates pre-structured, investment-ready opportunities in Sri Lanka for immediate investor engagement across multiple sectors.
  • BOI Online Services Portal Government self-service digital portal providing BOI investors with web submission, visa application, import/export documentation, local sales, ID issuing, land bank access, declarant services, export data, and job bank functionality.

Companies that use BOI

Customer profile

Segments4 records

Ideal customer profiles3 records

BOI technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

BOI partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Business Partner Network (businesspartner.lk)coreChannel Partner/ Reseller/ DistributorBOI partners with businesspartner.lk through their Partnership Finder platform to connect investors with local business partners and service providers in Sri Lanka. This collaboration enables investors to identify suitable local partners for joint ventures, distribution, and operational support.

Scale indicators1 record

Recent moves7 records

Expansion highlights6 records

BOI competitors and assessment

Company assessment

Direct peers

  • Invest India: India's national investment promotion and facilitation agency, established to attract and retain foreign direct investment into India. Directly comparable to BOI as a government-backed single-window FDI facilitator with sector-focused promotion, digital onboarding portals, and aftercare services for global investors.
  • Thailand Board of Investment (BOI Thailand): Thailand's principal investment promotion agency, also known as BOI, which administers investment incentives and facilitates foreign direct investment into priority sectors. Closely comparable to Sri Lanka's BOI in mandate (FDI promotion, incentive administration, single-window facilitation) and even shares the same agency name.
  • Malaysian Investment Development Authority (MIDA): Malaysia's principal government agency for investment promotion, responsible for attracting FDI across manufacturing and services. Directly comparable to BOI Sri Lanka in its single-window facilitation, sector-targeted promotion (including electronics and logistics), and digital investor services.
  • Bangladesh Investment Development Authority (BIDA): Bangladesh's primary investment promotion and facilitation agency, administering investment incentives and providing one-stop services for foreign investors. Comparable to BOI in mandate, regional positioning (South Asia), and target verticals such as apparel, IT, and pharmaceuticals.
  • Foreign Investment Agency of Vietnam (FIA / MPI): Vietnam's national agency for foreign investment promotion and management, operating under the Ministry of Planning and Investment. Directly comparable to BOI as an emerging-market government agency focused on attracting FDI into priority manufacturing and services sectors.
  • Enterprise Singapore (ESG): Singapore's government agency championing enterprise development and foreign direct investment. Comparable to BOI in its investor facilitation mandate, although operating in a more mature economy and offering broader enterprise development services alongside FDI promotion.
  • Korea Trade-Investment Promotion Agency (KOTRA): South Korea's state-run trade and investment promotion organization, supporting Korean exporters and attracting foreign investment. Comparable to BOI in government-backed investment promotion mandate, sector-focused targeting, and global investor outreach infrastructure.
  • Invest Hong Kong (InvestHK): Hong Kong's department dedicated to attracting and retaining foreign direct investment, providing one-stop facilitation services. Comparable to BOI as an Asia-based government FDI promotion body with single-window client services and aftercare support.
  • Philippines Board of Investments (BOI Philippines): The Philippines' statutory investment promotion agency administering the Investment Priorities Plan and incentive frameworks for domestic and foreign investors. Shares the same agency name and mandate structure as Sri Lanka's BOI, making it a direct functional peer in investment incentive administration.
  • Invest in Canada (Canadian Investment Promotion Agency): Canada's dedicated investment promotion agency focused on attracting, retaining, and expanding foreign direct investment. Comparable to BOI as a government agency providing facilitation services, sector targeting, and digital investor engagement, albeit in a G7 economy rather than an emerging market.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

BOI social profiles

Digital presence

BOI financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BOI leadership team

Management profile

Number of profiles

BOI funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BOI M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BOI

What does BOI do?

BOI is the government-designated investment promotion agency of Sri Lanka, facilitating foreign direct and local investments through single-window clearance, investment incentives administration, visa and immigration processing, land bank access, and export/import documentation. It provides investor aftercare and regulatory guidance across priority sectors including Apparel, Auto Components, Electrical & Electronic, Food Processing, IT, Logistics, Pharmaceuticals, and Tourism & Leisure.

Is BOI a public or private company?

BOI is a private company. It is classified as state government owned and is currently operating.

When was BOI founded?

BOI was founded in 1978. It employs 101 to 250 people.

Where is BOI based?

BOI is headquartered in Colombo, Sri Lanka, in the Asia region.

Who are BOI's main competitors?

Direct peers on record are Invest India, Thailand Board of Investment (BOI Thailand), Malaysian Investment Development Authority (MIDA), Bangladesh Investment Development Authority (BIDA), Foreign Investment Agency of Vietnam (FIA / MPI), Enterprise Singapore (ESG), Korea Trade-Investment Promotion Agency (KOTRA), Invest Hong Kong (InvestHK), Philippines Board of Investments (BOI Philippines) and Invest in Canada (Canadian Investment Promotion Agency).

Does BOI have an API?

No public API is recorded for BOI.

What industry is BOI in?

BOI's product category is Investment Promotion Services. Its primary akta.pro industry code is BPADACAF, Export Credit Agencies (ECAs) & Trade Finance Institutions, with a secondary code of FSABAKAC, Export Credit Agencies (ECAs) & Official Export Finance. Its NAICS code is 926150 and its SIC code is 9721.

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Live signals
Daily MirrorLocal aluminium fabricators warn BOI policy gaps threaten local industryThe Aluminium Fabricators Association of Sri Lanka (AFASL) has warned that gaps in the Board of Investment's (BOI) Negative List are allowing fully fabricated aluminium doors, windows, and façade systems to be imported duty-free despite being manufactured domestically. The association said this has created unfair competition, with BOI-approved developers gaining cost advantages while the government loses revenue and the country loses foreign exchange on products already made locally. Since May 2025, AFASL has been urging authorities to add specific HS codes to the Negative List, with the Industries Ministry recently supporting the proposal.NewsWireSkiPod to launch Sri Lanka’s first sports simulation manufacturing facilitySkiPod Manufacture Pvt Ltd signed a landmark agreement with Sri Lanka's Board of Investment (BOI) to establish a US$3 million manufacturing facility for sports simulation products, including the SkiPod indoor ski and snowboarding mixed reality simulator. Backed by US-based investment and facilitated by the Continam Group, the project marks Sri Lanka's entry into sports simulation manufacturing, targeting markets in North America, Europe, and the UAE. The BOI chairman highlighted the investment as demonstrating Sri Lanka's ability to serve diverse sectors and providing learning opportunities for Sri Lankan youth in simulation technology.LankatalksEnsuring investment protection in Sri LankaPresident Anura Kumara Dissanayake met with a US delegation to reaffirm Sri Lanka's commitment to securing investments and outlined new legislation for investment protection currently under development. Sri Lanka's FDI in Q1 2025 surged 90% to $203 million compared to $107 million in Q1 2024, with the Board of Investment recording 79 proposals worth $4.669 billion, though stakeholders including the CNCI, SLFFA, and NCE emphasized that bureaucratic delays and fragmented approval processes remain significant barriers to attracting larger-scale investments. The Government aims to achieve a $5 billion FDI target for 2025, supported by a credit rating upgrade and improving macroeconomic indicators, while also addressing recommendations from the IMF's Governance Diagnostic Assessment on corruption risks.SundaytimesCandor facilitates Ironwood Legal Solutions, the first BOI approved LPO in Sri LankaIronwood Legal Solutions (Pvt) Ltd has signed an agreement with Sri Lanka's Board of Investment to become the country's first approved Legal Process Outsourcing company. The company will use LLB-qualified Sri Lankan attorneys to provide e-discovery and litigation support services to US and UK-based Fortune 500 companies, with an anchor client already secured in the United States. Industry projections indicate the global LPO market is expected to grow by US$2.42 billion by 2015.