Industrial Services Bureau

What Industrial Services Bureau does

Industrial Services Bureau (ISB) is a statutory body established in May 1990 under the North Western (Wayamba) Provincial Council of Sri Lanka, founded with sponsorship from Germany's Konrad Adenauer Stiftung (KAS). Headquartered in Kurunegala, ISB operates as a multi-disciplinary project management, consultancy, and enterprise development institution serving Sri Lankan SMEs, provincial and national government institutions, and international development organizations. Following the phase-out of KAS and Provincial Council funding in 2015, ISB became self-sustained and has since diversified into environmental services, energy auditing, laboratory testing, and export-readiness programming.

ISB's service portfolio is organized into three divisions: (1) Investment Promotion, Enterprise Development, Training and Tours; (2) Project Management and Consultancy, including project cycle management, value chain studies, monitoring and evaluation, and policy formulation; and (3) Technical and Environmental Services, covering energy auditing, boiler installation and maintenance, environmental measurements, pollution control, and wastewater treatment. The organization owns and operates two industrial parks in Kurunegala — Herahiyawala Industrial Park (HIP) and Dangaspitiya Industrial Park (DIP) — hosting 56 enterprises with combined private investment of LKR 8,800 Million and approximately 2,000 direct jobs. ISB also runs CEA/PEA-registered analytical laboratories for water, wastewater, air quality, and noise measurement, and in March 2026 inaugurated a Food Analysis Laboratory alongside the ISB Food Manufacturers Circle (ISB-FMC) community platform. Certifications include ISO 9001:2015 from the Sri Lanka Standards Institution and accreditation by the Sri Lanka Sustainable Energy Authority as a national consultant for renewable energy projects.

Revenue is generated through project-based consultancy fees, government contracts, industrial park management, fee-based laboratory testing, and professional training programs, with no publicly disclosed pricing. The go-to-market combines direct enterprise and government engagement with event-driven outreach, including B2B forums, trade fairs, buyer-seller forums, and exhibitions co-organized with partners such as the National Chamber of Exporters and the North Western Provincial Council. Documented customers span ministries (Science and Technology, Environment, Water Supply), provincial councils, state enterprises (CPC, RDA, SLSEA), international agencies (UNDP, UNIDO, ILO, EU, USAID, ADB, JICA, World Bank, UNICEF), multinational corporates (Coca-Cola, Brandix), and over 1,245 additional SME and stakeholder clients cumulatively across three decades.

Name

Industrial Services Bureau

Legal name

Industrial Services Bureau

Website

https://isb.lk

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Industrial Services Bureau (ISB) is a Sri Lankan statutory body providing project management, technical, environmental, and enterprise development services to SMEs, government agencies, and international development organizations, while operating two industrial parks and analytical laboratories in Kurunegala.

Ownership category

akta.pro rank

Headquarters

HQ city

Kurunegala

HQ country

Sri Lanka

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Professional Services and Consultancy: Revenue generated through consultancy fees for project management, feasibility studies, technical consulting, environmental assessments, energy audits, and enterprise development services delivered to government agencies, NGOs, and private sector clients.
2. Industrial Park Operations: Revenue from managing industrial parks and providing infrastructure, facilities, and support services to enterprises operating within Herahiyawala and Dangaspitiya Industrial Parks.
3. Training and Capacity Building Programs: Revenue from conducting professional training programs, skills development workshops, and technical training for industry operators and government officials.
4. Laboratory and Analytical Testing Services: Fee-based analytical testing services for water, wastewater, air quality, and environmental measurements provided to industries and government bodies.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels6 records

Core offering

Industrial Services Bureau (ISB) is a Sri Lankan statutory body that delivers industrial and enterprise development services spanning investment promotion, SME development and training, project management and consultancy, and technical and environmental services. It also operates two industrial parks (Heraliyawala HIP and Dangaspitiya DIP), an ISO-certified analytical laboratory for water and environmental testing, and a Food Analysis Laboratory. Revenue is earned through fee-based professional services including consultancy, government and development-agency contracts, laboratory testing, training programs, and industrial park management.

Product overview

Industrial Services Bureau (ISB) operates as a multi-disciplinary development partner and consultant offering a comprehensive portfolio of services organized into three core divisions: (1) Investment Promotion, Enterprise Development, Training and Tours; (2) Project Management and Consultancy; and (3) Technical and Environmental Services. The organization manages two industrial parks (Heraliyawala Industrial Park and Dangaspitiya Industrial Park), provides analytical laboratory services including a Food Analysis Laboratory launched in 2026, and offers specialized services such as energy auditing, boiler services, environmental management, and professional training programs. The recent launch of the ISB Food Manufacturers Circle (ISB-FMC) platform extends their food safety compliance support services.

Differentiator

Problem solved

Functional benefit

Brands

• ISB-Helping Hands: CSR initiative of ISB focusing on charitable activities and community support
• ISB Food Manufacturers Circle (ISB-FMC)
• Heraliyawala Industrial Park (HIP)
• Dangaspitiya Industrial Park (DIP)

Products and services

• Investment Promotion, Enterprise Development, Training and Tours SME development services covering implementation of enterprise development projects, business and technical skill development, investment promotion, industrial development, SME development, technology transfer support, and facilitating trade linkages through international delegations and study tours. Targeted at local entrepreneurs, producer organizations, and SMEs in Sri Lanka.
• Project Management and Consultancy Consultancy services related to Project Cycle Management (PCM) including social surveys, monitoring and evaluation studies, development of turnkey basis projects, market-based value chain studies, policy formulation, and corporate plan preparation. Targeted at government institutions, development organizations, and private sector clients.
• Technical and Environmental Services Technical and environmental solutions for industries including technical consultancy, customized project implementations, environmental measurements and pollution control systems, energy auditing, boiler installation and maintenance, wastewater treatment, and solar energy solutions. Targeted at manufacturing enterprises, government institutions, and industrial clients.
• Heraliyawala Industrial Park (HIP) and Dangaspitiya Industrial Park (DIP) Managed industrial zones in Kurunegala accommodating small, medium and large scale enterprises with infrastructure features including 24-hour on-call service, well-developed basic infrastructure, subsidized utilities, distribution, and recycling facilities. Over 56 enterprises established with private investment of over LKR 8,800 Million generating nearly 2,000 direct employment opportunities.
• Food Analysis Laboratory Laboratory providing food analysis and product testing services to help food manufacturers comply with national and international food safety and labeling regulations, ensuring quality, safety, and market readiness of products. Targeted at food manufacturers and food industry operators.
• Analytical Laboratory Services Registered laboratory services including analysis of potable water (SLS 614:2013 standard), wastewater, noise level measurements, ambient air quality measurements, stack emission and flue gas analysis, and occupational health and safety measurements. Targeted at industries and government bodies.
• Management Development and Training Programs Professional development programs including entrepreneurship development training (CEFE, SYB/IYB), import/export procedure trainings, industrial trainings (HRM, productivity, customer management, health and safety, standards), and tailor-made trainings for industries. Targeted at entrepreneurs, government officials, and industry operators.
• Boiler Services Boiler installation, commissioning and maintenance services including construction of boiler chimneys, biomass boiler installation, and boiler water treatment solutions. Targeted at manufacturing enterprises and cooperatives.
• Energy Auditing Services Energy auditing in industries and commercial buildings, consultancies on energy management systems, and comprehensive energy audits for government institutions and private sector. Targeted at industrial clients and government bodies, accredited by SLSEA as a national consultant for Renewable Energy Projects.
• Co-Working Space Co-working space available for rent in Kurunegala supporting entrepreneurs and small businesses.

Quantifiable outcome

• 856+ projects completed across diverse sectors including agriculture, energy, environment, and enterprise development
• +4 more outcomes

Named customers21 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

23 partnerships are on record, tiered core partner, strategic, founding partner, consortium partner, development partner, emerging partner, trade partner, training partner and academic partner.

• National Chamber of Exporters of Sri Lanka (NCE)core partnerStrategic or Co-development Partner · 15 May 2026Jointly organized B2B Export Linkage Forum under Export-Oriented Enterprise Development Program, connecting provincial entrepreneurs with national exporters. Both organizations collaborate on trade facilitation and export development initiatives.
• ACTED Sri Lanka (Consortium Lead)core partnerStrategic or Co-development Partner · 20 April 2026Consortium partner in PLASTICS Project - circular economy initiative. ISB supported SMEs in plastic recycling value chain, focusing on technical capacity, operational efficiency, and circular economy practices.
• National Enterprise Development Authority (NEDA)core partnerStrategic or Co-development Partner · 1 January 2025Signed MOU to co-organize Robotic Meetup Wayamba 2025 - Sri Lanka's landmark exhibition on smart agriculture, automation, and Industry 4.0 innovations.
• China-Sri Lanka Joint Research and Demonstration Centre (JRDC) for Water Technologycore partnerStrategic or Co-development Partner · 26 July 2024MOU signed for strategic partnership on water testing, research facilities, consultancy and technology development. Collaboration on chemical, microbiology, and heavy metal testing of water, food, and environmental samples; joint research and training initiatives.
• United Nations Industrial Development Organization (UNIDO)core partnerStrategic or Co-development Partner · 2 July 2024Conducted two-day training on Good Manufacturing Practices (GMP) for agri-food SMEs under UNIDO BESPA Project. 55 participants from SMEs in spices and coconut industries attended training program.
• Tetra TechARD, USAstrategicStrategic or Co-development Partner · 1 January 2024Prime Contractor for USAID Climate Adaptation Project. MOU signed to cooperate on accreditation process and develop project proposal for Adaptation Fund financing to establish climate adaptation financing facility in Sri Lanka.
• Konrad Adenauer Stiftung (KAS), Germanyfounding partnerStrategic or Co-development Partner · 1 January 1990KAS provided founding sponsorship and financial assistance for establishment of ISB as a statutory body under North Western Provincial Council. KAS phasing out funds in 2015 marked transition to self-sustained operations.
• Ministry of Water Supply and Estate Infrastructure Development, Peradeniyacore partnerStrategic or Co-development PartnerPartner in JRDC water technology collaboration, contributing to sustainable development plans in Sri Lanka.
• UNDP Sri Lankacore partnerStrategic or Co-development PartnerCollaboration on multiple projects including EU-SDDP producer organization development, Youth Enterprise Development Project, and Women's Economic Empowerment Project.
• UN Womencore partnerStrategic or Co-development PartnerJoint intervention on Women's Economic Empowerment addressing challenges faced by female heads of households including military and war widows.
• Biodiversity Sri Lankaconsortium partnerStrategic or Co-development PartnerPart of consortium implementing PLASTICS circular economy project in Sri Lanka.
• STENUM Asiaconsortium partnerTechnology or IntegrationPart of consortium implementing PLASTICS circular economy project, contributing expertise in sustainable waste management.
• TERI - The Energy and Resources Instituteconsortium partnerStrategic or Co-development PartnerPart of consortium implementing PLASTICS circular economy project in Sri Lanka.
• International Labour Organization (ILO)development partnerStrategic or Co-development PartnerPartner for SYB/IYB entrepreneurship training programs and other enterprise development initiatives.
• World Visiondevelopment partnerStrategic or Co-development PartnerDevelopment organization partnered for various projects including dairy sector market assessment.
• OXFAMdevelopment partnerStrategic or Co-development PartnerInternational development organization partnered through various initiatives.
• International Organization for Migration (IOM)development partnerStrategic or Co-development PartnerInternational organization partnered through development initiatives.
• IC Net, Japanemerging partnerTechnology or IntegrationJapanese consultancy firm discussing future collaboration for projects, technology transfer to Sri Lankan industry, and promotion of Sri Lankan exports.
• CDI Chinatrade partnerStrategic or Co-development PartnerPartnership for joint consultancies and trade promotion activities.
• EJCCSEtrade partnerStrategic or Co-development PartnerPartnership for trade and investment promotion activities.
• LIINdevelopment partnerStrategic or Co-development PartnerPartnership for Social Enterprise promotion initiatives.
• ISMMtraining partnerStrategic or Co-development PartnerPartnership to conduct procurement and purchasing management programmes.
• University of Sri Jayewardenepuraacademic partnerStrategic or Co-development PartnerPartnership to conduct courses leading to certificate and diploma in Entrepreneurship and Business Management.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SGS: World-leading testing, inspection, and certification company with broad laboratory and environmental compliance capabilities. Comparable to ISB's CEA/PEA-registered laboratory and food/environmental testing services, though at much larger global scale.
• Tetra Tech: Global environmental and engineering consulting firm focused on water, energy, and sustainable infrastructure. Directly comparable to ISB's environmental consulting, EIA/IEE, and donor-funded project delivery; Tetra Tech is also an ISB partner through the USAID Climate Adaptation Project.
• Chemonics International: International development company implementing USAID, World Bank, and donor-funded programs globally, including economic growth and SME/enterprise development. Comparable to ISB's donor-funded SME and value chain project work in Sri Lanka.
• ERM (Environmental Resources Management): Specialist environmental, health, safety, and sustainability consultancy serving corporates and governments. Comparable to ISB's EIA/IEE studies, energy audits, and donor-driven environmental programs.
• DAI: International development consultancy implementing donor-funded programs in economic growth, governance, and environment. Directly comparable to ISB's SME development, value chain, and donor project delivery (UNDP, World Bank, USAID-adjacent).
• Bureau Veritas: Global TIC (testing, inspection, certification) provider with extensive environmental, food safety, and industrial compliance offerings. Comparable to ISB's food/environmental testing and ISO-aligned certification work.
• Intertek: Global quality assurance and testing company with food, environmental, and industrial testing services. Comparable to ISB's laboratory testing portfolio (water, wastewater, air, food) and ISO-aligned certifications.

Broad incumbents

• AECOM: Global infrastructure consulting firm with large environmental, water, and energy practices. Comparable at the environmental assessment and infrastructure consulting level, but much broader and larger than ISB.
• WSP Global: Large professional services firm with significant environmental, energy, and infrastructure consulting practices. Overlaps with ISB on environmental assessment and energy efficiency work, but serves a much broader portfolio.

Regional players

• National Chamber of Exporters of Sri Lanka: Sri Lankan industry body promoting exports and trade linkages. Comparable as a regional trade/SME development counterpart — ISB co-organises B2B and export-readiness events with NCE — though NCE is an industry chamber rather than a consultancy.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCCyUGH8mZ6quVtgHjugUEyg
• Facebookfacebook.com/isb.kurunegala
• LinkedInlinkedin.com/company/isbnw
• Xx.com/IsbWayamba

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Industrial Services Bureau