In the month of June 2016, the Board of Investment of Sri Lanka has signed 46 agreements of a total value of $ 982 million estimated investment.
The BOI said these projects cover a wide range of sectors such as manufacturing, construction, mixed development, hotel, mini hydro power, trading house, solar power, apparel, research and development and education. In addition, once they start operating, these projects will generate an estimated 8,000 new direct employment opportunities.
BOI Chairman Upul Jayasuriya formally signed the agreements with the investors on behalf of the BOI. BOI has focused on fast racking investment facilitation, resulting in a high number of projects being approved.