One of the major constraints in setting-up industries in the rural sector has been the difficulties experienced in finding suitable locations to set up industries. In order to facilitate SMIs Industrial Estates have been set up throughout the country.

The Section 33 (2) (a) of the Industrial Development Act empowers the IDB to establish, maintain and carry on Industrial Estates in Sri Lanka.

Developed plots & ready-made building
Internal roads
Water storage and distribution system
Internal electricity distribution system
Telecommunication
Sewage and Industrial waste water disposal system (drains, manholes, pumping stations etc)
24 Hours security service

Contact


Director - Industrial Estates

: +94 112 632 157
: idbestate[at]gmail.com

Selection of Entrepreneurs

Since the entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success, the Industrial Estates Division allocates developed plots and readymade buildings to prospective entrepreneurs considering the points obtained at the interview along with the recommendations given by the Panel of Interview following a standard rule.

Considered

  • Focuses on recognizing a business opportunity, starting a business based on the recognized opportunity, and operating and maintaining that business.
  • Improving employability
  • Export-oriented industrialization following the trade, economic, exporting etc
  • Using technology to maximize business productivity
  • Increasing Profits and Enjoyment with Value-Added Products. (Eco-friendly Products etc)

Allocation of Readymade buildings and land plots

The IDB under its conditions of which plots of lands or buildings are allocated for the entrepreneurs for setting up of their industries by signing of Lease Agreements with the tenants as mentioned below;

Leasehold Rights

  • Readymade Buildings - 20years
  • Plots of lands - 30 years
  • Monthly or yearly rental will be fixed on the basis of Government Chief Valuer's valuation.
  • Extent of the land depends on the particular industry.
  • Obtaining environmental approvals for projects.

Application Form

Contact


Director - Industrial Estates

: +94 112 632 157
: idbestate[at]gmail.com

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