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Tuesday, September 22, 2009 - 08.15 GMT

Indian companies eyeing Sri Lanka for projects

 
A host of Indian companies are planning to develop projects in service sectors in Sri Lanka.

The companies have already identified the land and besides, have also received approval from the Sri Lankan Government for their projects.

"Larsen and Toubro (L&T) is constructing a commercial complex here and the total cost of the project will be USD 50-million," said Sri Lanka Board of Investment's Director.

The company has already acquired the land for the project and it is expected to be completed by next year, he said.

A Bangalore-based commercial and residential property developer, Girish Puravankara-run Lalith Gangadhar Constructions Limited, is also constructing residential villas outside Colombo, he said.








 
 
   
   
   
   
   

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Last modified: September 22, 2009.

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