Abstract:
Government of Sri Lanka desperately needs more and more economical, feasible and fruit
full investment projects to enhance the economy of the country. Present growth rate of
economy is nearly 8 per cent and to achieve the anticipated goals within next five years
more and more new business projects are needed. To create the healthy environment for
the investment government already started to develop the infrastructure facilities such as
power generation, high ways and roads, air ports, harbours, telecommunication systems
and transport sector. The aim of the government policy is to get the attraction of large
amount of new investors to contribute to the national productivity. It is important to search
for new industries which are not yet established in Sri Lanka to open the door to the
modem business world. Selecting the type of the business organization, suitable location
for the project, availability of capital, capacity and limitations and the resource availability
are most important and with the correct decisions the pay back period can be minimized
thus enabling the industry to operate successfully. With the development of new industries
more job opportunities can be created and the unutilized resources can be utilized for fruit
full production processes
