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CIS Canada to explore investment opportunities in SL

by Gayan Abeykoon
March 28, 2024 1:23 am 0 comment

CIS an electronic lifecycle administration company based in Canada, has expressed willingness to explore investment opportunities in Sri Lanka under BOI status.

This global industry is an IT resource and asset disposal services company based in Canada and operates from Toronto and Ontario. The Instigator of this enterprise is Stan Muthulingam, a Sri Lankan Business visionary and Investor who invited Dilum Amunugama for a visit to their production line office in Toronto.

The State Minister was convinced of the potential CIS to manufacture in Sri Lanka and export to the region including India and Pakistan through several FTA’s that are already in place. Kula Sellathurai the investment promotion representative to Canada and Asanka Welagedara Director BOI accompanied the Minister on this occasion. Kula Sellathurai who was a leading figure in organizing theses investment promotion visits in Canada is also a prominent business figure in Canada.

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