Development of Mini Software and KPO Park

Development of Mini Software and KPO Park

Investment opportunity: potential investors/developers are invited to invest in setting up of Company to cater to the proposed project’s business requirement within the island.

Project scope:
a. The development of Mini Software Parks.
b. The development of Business/Knowledge Process Outsourcing Parks.

Selection criteria of investor: previous experience and the submission of complete project proposal.

Location of the proposed project: 14 acre state land at Kundasale adjoining Kandy industrial Park.

Government contribution: land offered for project on long term lease basis.

Value of investment: USD 5 million

Method of investment: foreign direct investment

Commencement date: investor could start on project ASAP by submitting proposal and obtaining BOI approval.

Tax concessions applicable: all board of investment concessions/duty free facilities for the importation of equipment, building materials etc.

The potential of the island’s IT/BPO sector:

    • 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.
    • IT industry wages in the island range from USD 150 to USD 2500 monthly which is lower than other offshoring nations.

OSL Take:

The unity government is encouraging FDI’s to the island to develop the IT/BPO and related segments to increase the national revenue potential and also to increase the jobs within the sector

The younger generation in Sri Lanka eager to take up the sector opportunities, will now have brighter future prospects of employment and also the opening to interact with the rest of the developed world through this IT & Knowledge Park.

OSL as the leading funding matchmaker to government proposed human resource development projects is at your service 24X7 to help with the way forward.

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