Sri Lanka - කොග්ගල අපනයන සැකසුම් කලාපය
The Koggala Export Processing Zone is a major economic centre in the south of Sri Lanka and an important contributor to the economy by accounting for exports earnings of over USD 122 million in 2017. The zone is located in Galle District situated on the South Western fringe of the Koggala Lake.
Currently 23 enterprises operating at the zone in such sectors as garments, footwear, aircraft repair and shipbuilding. The workforce is over at 14,000. Koggala Export Processing Zone is a bonded area for hub operations benefiting from access to the Southern Expressway and the Hambantota Sea Port.
Free trade zone at Koggala Export Processing Zone
The Koggala Export Processing Zone (KGEPZ) is a designated free trade zone, which means that it has its own set of laws and regulations that are different from the rest of Sri Lanka. This can be beneficial for businesses that want to operate in a more streamlined and efficient environment. For example, businesses in the KGEPZ are not subject to the same taxes and import duties as businesses in other parts of Sri Lanka. This can save businesses a significant amount of money.
The KGEPZ also offers a number of incentives to businesses that invest in the zone, such as tax breaks, duty-free imports, and subsidized utilities. These incentives can help businesses to reduce their costs and make it more profitable to operate in the zone.
The KGEPZ is well-connected to the rest of Sri Lanka and the world. It is located near the Southern Expressway, which provides easy access to the capital city of Colombo. The zone is also close to the Hambantota Sea Port, which is a major shipping hub. This makes it easy for businesses in the KGEPZ to import and export goods.
Environmental aspects at Koggala Export Processing Zone
The KGEPZ is a sustainable development zone, with a focus on environmental protection and social responsibility. The zone has a number of environmental initiatives in place, such as a waste management system and a water conservation program. The zone also has a number of social responsibility initiatives, such as a training program for workers and a scholarship program for students.
Overall, the Koggala Export Processing Zone is a well-established and attractive location for businesses that are looking to invest in Sri Lanka. The zone offers a number of advantages, such as a streamlined regulatory environment, attractive incentives, and good connectivity. The zone is also committed to sustainable development.
Additional Details
- Total area: 22 acres (91 hectares)
- Electricity supply: 20 MVA through grid sub-station
- Wastewater treatment: Sewage/effluent treatment capacity of 675 m3 per day
- Water supply: Storage facility within Zone 1375 m3 (Drinking water & ground water)
- Commercial space: An Administrative Complex housing the BOI servicing units. Customs, Bank, Postal, Medical, Port Cargo Handling services etc
- Access: Asphalt concrete surfaced road access available to all plots
Security & Fire Services: Security lighting & Chain link fencing
Communication Facilities: Programme Control Exchange for local calls, IDD, telex and facsimile facility
Centralized: An Administrative Complex housing the BOI servicing units. Customs, Bank, Postal, Medical, Port Cargo Handling services, etc.