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DateLine Tuesday, 3 March 2009

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Government Gazette

BOI signs agreements for training centre, software development

The Board of Investment of Sri Lanka granted investment approval to Embla Software Innovation (Private) Limited and International Talent Development Institute (Private) Limited.

Chairman/Director General Dhammika Perera signed the agreements on behalf of the BOI and presented the BOI Certificate of Registration to the investors.


Deepak Khullar receiving the BOI Certificate of Registrations from Chairman/Director General of the BOI Dhammika Perera.

An investment agreement worth US $ 150,000 to set up a software development project was signed with Embla Software Innovation (Private) Limited. The Norway based company specialises in the development of Genealogy Software.

Genealogy Software is used to record, organize, and publish genealogical data. The solution collects data such as the date and place of an individual’s birth, marriage, and death, and stores the relationships of individuals to their parents, spouses, and children. Additionally, genealogy programs handle additional events in an individual’s life, free-form notes, photographs and other multimedia.

Chief Executive Officer of Embla Software Innovation (Private) Limited Stein Inge Haaland said that all development work presently done in US, Ukraine and India will be brought to Sri Lanka.

The software will be developed using the latest Microsoft technologies and will employ local developers. The venture located at Rajagiriya will commence operations shortly.

Chief Executive Officer of Embla Software Innovation (Private) Limited Stein Inge Haaland signed the agreement.

International Talent Development Institute signed an agreement to set up a training centre in Colombo.

The investment for the training institute is sponsored by UAE based ITDI Holding Limited.

General Manager of ITDI Deepak Khullar said, “The training institute will provide professional training in Aviation, Hospitality, Travel and Tourism, English, IT and Retail Management. The training courses will target students who have completed A/Ls”.

International Talent Development Institute expects to provide training for 300 students annually and will have six faculty members. ITDI is an investment of US $ 100,000 that will create 50 new employment opportunities.

General Manager of ITDI Deepak Khullar and Company Secretary Shanil Fernando, signed the agreement on behalf of International Talent Development Institute.

Sri Lanka’s travel and tourist industry will benefit from the new training centre that will be established by UAE based ITDI Private Ltd.

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