BoI signs 19 new projects totalling Rs. 7,000 m.
Hathoon SHERIFFDEEN
The BoI signed agreements for 19 new projects totalling Rs 7,000 mn
at the BoI yesterday. Out of these 19 projects signed by Enterprise
Development and Investment Promotion Minister Sarath Amunugama six
companies are manufacturing for export.
|
An investor from Switzerland, Liliane Gurtner receives the
project certificate from Enterprises Development and Investment
Promotion Minister Dr. Sarath Amunugama. Chairman, BoI Dhammika
Perera looks on.
Picture by Sumanachandra Ariyawansa |
They have budgeted a total of US $ 16.8 mn to be invested on these
projects. Edna Cocoa Products Private Limited will process cocoa beans
and extract derivatives from cocoa seeds for export. They will invest
US$ 610,000 on this project and provide 64 jobs. 80 per cent of this
project will be for export.
The majority of these projects are on construction, ICT development
and tourism building. Manufacturing projects are targeting more than 50
per cent of its production for exports.
These investments have targeted to provide 2000 employment
opportunities islandwide from one to two years time. Minister of
Enterprises Development and Investment Promotion Sarath Amunugama said.
Amunugama said they are willing to promote quality tourism in the
country. Now the flight facilities provided by the airlines have
improved and now local private companies also facilitate a fare range of
flights to promote travel to various countries around the world.
“Now our schedules show that around 29 flights reach Sri Lanka
through India per week. This is not only Sri Lankan and Indian airlines,
some private airlines also give a range of facilities to travel. We are
also planning to form a Consul in Shanghai to promote tourism and
trading through China,” the Minister said. |
