Sri Lanka’s BOI embarks on major contract with UK company

April, 30, 2015

The Board of Investment of Sri Lanka has entered into an agreement with the UK based Oxford Business Group for a deep study of the investment and economic opportunities in Sri Lanka and present this information to global investors.

Under this agreement, five economic analysts from Oxford Business Group are to arrive in Sri Lanka, analyze the information for six months and compile a report ‘Sri Lanka 2016’ on behalf of the island.

While speaking on this, Sri Lanka’s Board of Investment Chairman Upul Jayasuriya said that the huge financial costs for the compilation of this report would be borne by the Oxford Business Group and hence the BOI or the Sri Lankan government would not have to incur any costs.

He pointed out that since there is a clean administration in Sri Lanka now, future investment opportunities would not be offered based on individual friendships and that under such a situation the correct investment opportunities in Sri Lanka would be provided to global investors.

While the BOI would provide office facilities to the Oxford Business Group to compile this report, it would also arrange for the analysts to obtain the necessary information from government as well as private sector institutions.

While expressing her views, Sri Lanka’s country manager for Oxford Business Group, Ms. Brooke Butler said they have already compiled similar reports on regions with rising economies like in Africa, Asia, South America and the Middle East.

She added that the revenue for Oxford Business Group would be from the sale of and through advertising in these reports.

Oxford Business Group is to print 120,000 copies of ‘Sri Lanka 2016 and they are to be sold among investors.

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