SWIFT Stands for Single Window Investment Facilitation Taskforce

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SWIFT Stands for Single Window Investment Facilitation Taskforce

Sri Lanka?s core investment authority, for promoting and expediting both foreign and local investor procedures within key economic sectors of the island, the BOI, signed the six, Memoranda of Understanding (MoU?s) with primary agencies; the Registrar of Companies, the Inland Revenue Department, Urban Development Authority, Sri Lanka Customs, Colombo Municipal Council and the Central Environment Authority.
Plans are underway to sign Mou?s with a further 19 line agencies, responsible for offering a majority of approvals for foreign investment projects. This one window platform was well received amongst foreign companies looking at investing within the island nation.

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