Category Archives: Uncategorized

BOI Statement Regarding Oil Refinery Project in Hambantota

We refer to the recent Reuters news report with regard to the above project . We are aware that there is no agreement that has been signed between Oman’s Ministry of Oil and Gas and Silver Park International PTE Ltd with regard to equity arrangements of the project. However, we are aware that Oman Oil […]

The 8th EU- Sri Lanka investor dialogue consolidates economic relations and resolves important matters

The 8th EU- Sri Lanka investor dialogue consolidates economic relations and resolves important matters – The liberalization of shipping sector was discussed. The 8th EU-Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade recently. Many of the earlier outstanding matters had been resolved through dialogue and the joint efforts […]

Under a new agreement with BOI, a leading Indian Investor to manufacture Aluminium Food Containers and Aluminium Wrap at Mirigama EPZ

The Board of Investment of Sri Lanka signed an Agreement with ARD Aluminium (Pvt) Ltd to set up a factory to manufacture aluminium food containers with lids and aluminium home foil wrap for food. Currently these products which are popularly used by the catering industry are largely imported from other countries, notably China. This company […]

HIGH POWERED TEAM FROM MICHELIN HOLDS DISCUSSIONS WITH BOI CHAIRMAN AND DIRECTOR GENERAL- FRENCH TIRE MANUFACTURING GIANT TO SET UP IN SRI LANKA AS BOI ENTERPRISE

  A delegation from Michelin, the French tire manufacturing giant met with the BOI chairman Mr Hemasiri Fernando and Mrs Champika Malalgoda, Director General of the BOI. Mr Eric Le Corre, Group Director for Public Affairs of Michelin was accompanied by Mrs Nandita Khurana, Zone Head- Legal Africa, India, Middle East and Director Public Affairs […]

JOHN KEELLS GROUP LOGISTICS CENTRE TO BE BUILT IN WATTALA UNDER NEW AGREEMENT WITH BOI

The Board of investment of Sri Lanka signed an Agreement with Logipark International (Pvt) Ltd to construct, commission and operate a logistics center to provide integrated logistic services, container freight station, multi country consolidation and a range of local and international logistics solutions. The Agreement was signed by Mr. Zafir Hashim, Sector Head – Transportation […]

Hutch and BOI in supplementary agreement with USD 115 million in investment

From Left: Ms. Sharmini Jayasuriya Head of Legal Hutch, Mr. Lalith Fernando Chief Financial Officer Hutch, Mr. Bandhunath De Alwis Advisor Finance & Operations Hutch, Mr. Thirukumar Nadarasa CEO Hutch, Mrs. Champika Malalgoda Director General of BOI, Mrs. Shama Herath Senior Deputy Director Legal (BOI). The Board of Investment of Sri Lanka signed a Supplementary […]

BOI PROJECT BELLEVUE RESIDENCIES (PRIVATE) LIMITED PROJECT TO INTRODUCE HIGH-RISE LIFESTYLE TO JA-ELA – PROJECT WILL INTRODUCE ADVANCED CONSTRUCTION TECHNOLOGY

The BOI signed an agreement with Bellevue Residencies (Private) Limited which is a mixed development project for a 35-storey Tower and shopping complex. The unique aspect of this project is that it will be constructed in Ja-Ela and it is the first time that such a high-rise tower is built outside the city of Colombo. […]

International Partnership with British Company to Manufacture Disposable Medical Devices in Sri Lanka signed with BOI

A leading UK manufacturer has gained BOI approvals to begin laying the foundation for its newest state of the art manufacturing facility in Sri Lanka. Flexicare (Group) Limited is a UK headquarted manufacturer and supplier of medical devices, with subsidiaries in over 12 countries and 2 manufacturing sites, providing disposable medical consumables to over 110 […]