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Wednesday, July 07, 2010 - 5.30 GMT
BOI projects focus five development areas

 

The Board of Investment promotional (BOI) strategy will focus mainly on 5 areas during the next five years, which include dairies, tourism and leisure, education, IT/BPO and urban infrastructure development, stated the BOI.

The BOI therefore granted investment approval to Hotel Services (Ceylon) Limited for an expansion project of Ceylon Continental Hotel and SAJ House Boat Builders & Operators Limited to provide house boat operations in Nuwara Eliya.

Hotel Services (Ceylon) PLC signed the agreement with the BOI to carry out the refurbishment project under the BOI. The project is an initial investment of US $ 1 million that will be increased to US $ 6 million.

Another novel project under the BOI was SAJ House Boat Builders & Operators who signed an agreement to provide houseboat services in Nuwara Eliya. The project is an initial investment of Rs. 55 million that will be increased to Rs. 100 million.

“The tourism market is looking at Sri Lanka as the most promising tourism destination in Asia. To utilize the full potential of Sri Lanka as a tourist destination, it is necessary to identify, develop and promote new and innovative tourism products,” said Mr. Jaison Panikulangara, Director of SAJ House Boat Builders & Operators.

As a result House Boat Builders and Operators, a pioneering enterprise in India will be introducing house boat operations, which is a successful tourism product in the state of Kerala, India.

Houseboat operations would be a successful tourist attraction in the inland water bodies including rivers, lakes and lagoons of Sri Lanka.

The houseboats, which the company will introduce, are 100 feet in length, with a width of around 20 feet and the middle has a height of 16 feet.

The boats are made of wood with inboard engines. The modern type houseboats have all the comforts of a 4-5 star Hotel that include well-furnished bedrooms, comfortable living rooms, dining area and an upper deck providing seating facilities for 100.

The project is an environmentally friendly one where waste is collected in the boat and not released in the Nuwara Eliya Lake. The boats will be produced in India, but assembled in Sri Lanka. A 24-room resort in Nuwara Eliya that will provide all the facilities needed by tourists, will support the houseboats.





 
                   

 
   
   
   
   
   

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Last modified: July 07, 2010.

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