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The Board of Investment of Sri Lanka granted investment approval worth USD 7 million for 6 ventures to commence operations under the BOI.
Mr. Dhammika Perera, Chairman / Director General formally presented the BOI Certificates of Registration to the investors. The new ventures will create 700 employment opportunities.
Antane Ice Mill signed the agreement to establish an Ice manufacturing plant in Mannar. The venture under the Accelerated Development Programme of Eastern Province is an investment of over US $ 140,000.
Regnis Appliances signed an investment agreement to manufacture and assemble Home Appliances. The project under Nipayum Sri Lanka 300 Enterprise Programme is for an investment of US $ 1.1 million.
An investment agreement for US $ 150,000 was signed with A T M Lanka. The company will develop software for the local market.
Courtaulds Clothing Badalgama signed the agreement to manufacture knitted fabric for the export market. The venture located at Badalgama is an investment of over US $ 3.5 million.
Courtaulds Trading Company signed the agreement to set up an Export Trading House. The venture located at Katuwelegama is an investment of over US $ 100,000.
An investment agreement for US $ 250,000 was signed with Asian Rubber for a project of pre / post harvest management of rubber and other crops utilising advanced technology.
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