⚡ BOI Signs Agreement for Sri Lanka's First Export-Oriented Substation Assembly

The Board of Investment (BOI) has facilitated an agreement with Blue Arc Manufacturing to establish the island's first specialized factory for containerized substation assembly, targeting high-demand global infrastructure sectors. • Project Overview: Blue Arc will manufacture and assemble Skid Substations, Containerized Substations, and Containerized Switch Rooms in Sri Lanka. These modular, "plug-and-play" units are designed for rapid deployment in demanding environments. • Key Export Markets: The primary focus is currently the Australian mining, tunneling, and construction sectors. The company plans to expand its export footprint to the United Kingdom, India, and New Zealand. • Economic Impact & Value Addition: • Local Supply Chain: Sourcing major components like switchboards, metal skids, and prefabricated modules from local vendors. • Industrial Diversification: Marks a shift toward high-end electrical infrastructure and engineering exports beyond traditional commodities. • Labor & Skill: Utilizes local labor for mechanical, electrical, and welding work, providing specialized training in international engineering standards (IEC). • Technology & Trends: Units integrate IoT and smart connectivity (PLC/SCADA) for remote monitoring. Future expansion is targeted toward the Solar and Hydro power sectors to meet global green energy demands. _Source: BOI/Blue Arc Manufacturing (Provisional)_