50. Duties and functions of Invest SL Board

The duties and functions of the Invest SL Board shall be-

to identify investment opportunities in Sri Lanka;

to promote Sri Lanka as an investment destination;

to provide information and guidance to potential investors on matters which shall include inter alia, the investment climate, laws and regulations, and business opportunities;

to facilitate the establishment, retention and expansion of investments by providing assistance with regulatory approvals, permits and licences;

to connect potential investors with local businesses and partners;

to represent the country’s interests in international investment fora and conferences;

to promote collaboration between the Government, the private sector, and the investment community;

to implement national investment promotion strategies; and

to coordinate with other Government agencies which would be necessary for the purpose of investment promotion.