Introduction and Geography
Location
The island of Sri Lanka lies in the Indian Ocean, to the southwest of the Bay of Bengal. It is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait and is located about 31 Kilometres off the southern coast of India.
Latitude – 5° 55’ to 9° 50’ north
Longitude – 79° 42’ to 81° 52’ east
650km north of the equator.
Topography
The coastal areas and northern half are flat, the central and south central areas are hilly and mountainous.
Area
Total area 65,610 sq.km, Land area 62,705 sq.km, Inland waters 2,905 sq.km
Social Indicators
Growing Economic Hub With Favourable Policies
ECONOMY OUTPUT (2015)
GDP at current market prices – (Rs. Billion) 11,183
GNI at current market prices – (Rs. Billion) 10,932
Per capita GDP at market prices – (Rs.) 533,398
Per capita GDP at market prices – (US$): 3,924
REAL OUTPUT
(percentage change) 2015 GNI : 4.8 GDP : 4.8
Trade (2016)
Exports (Excludes Re-imports) 10,217
Imports (Excludes Re-imports) 19,515
Trade Balance (US $ Million) -9,892
Focus Sectors
Agriculture
Cultivation and processing of fruits, vegetables, herbs and spices, Deep Sea Fishing & rearing/ processing of fish, Animal husbandry projects, Horticulture / Floriculture
Apparels
Apparel manufacturing, Textile and Fabric Manufacturing, Garment Accessories, Garment related Services such as Garment washing, Textile testing, Screen printing etc
Education
Branch campuses of leading Foreign Universities, Higher Educational Institutes, Hospitality / Tourism / Hotel Management, Design Development, Engineering, Nursing, Maritime Training
Export Manufacturing
Rubber, PVC Products Cement, Minerals (processing), Metal, Transport, Equipment, Gem & Jewellery, Electrical & Electronics, Ceramic, Paper, Leather, Chemicals, Pharmaceutical, Boats, Food (processing), Tea, Wood, Coir
Export Services
Shipping services, Other marine services (shipping services, crew exchange etc), Printing services,
Management consulting services, Aviation Services, Automation services, Other export services, Enterpot Trading, Logistic Service, Regional Operating Headquarters
Infrastructure
Housing and Property Development, Shopping & Office Complex, Mixed Development Projects, Hospital Services and Medical Services, Warehousing & Logistic Services, Exhibition Centres, Industrial Parks, Construction of Highways and Railways
Knowledge Services
IT Software Development, KPO / BPO Industry, IT and IT Enabled Services, IT Training Sectors.
Tourism and Leisure
Hotels / Resorts / Villas, Higher-end restaurants, Leisure / Entertainment and Theme Parks, Tourist transport: Domestic and International Sea & Air transport, Meeting Incentive Convention and Exhibition: MICE, Domestic and International Air transport / Water-based transport, Skill Development: Hotel / Hospitality Training Institutes
Other
Power & Energy, Telecommunications and Related Services, Ports Development, Distribution of Petroleum related products such as LPG & LNG, Recycling of Waste
For more information about investing in Sri Lanka, contact us