BOI approval for three investors
The Board of Investment of Sri Lanka granted investment approval to
three companies for investments worth Rs. 171 million. Chairman/Director
General Dhammika Perera signed the agreements on behalf of the BOI and
presented the BOI Certificate of Registration to the investors.
|
Chairman/Director General of BOI Dhammika Perera presents the
BOI Certificate of Registration to Director J and D Poly
Packaging (Pvt) Ltd. Jeong Lee, Director Ms. Seok Ok Jang is
also in the picture. |
A Rs. 45 million investment agreement was signed with Superlight
Garments Industries (Pvt) Ltd. The project under the Nipayum Sri Lanka
300 Enterprise Program will relocate their manufacturing facility to
Gampola from Colombo.
Superlight Garments Industries manufacture garments for the US and
European markets.
The venture will generate 250 new employment opportunities and will
commence commercial operations in one month.
Chairman of Superlight Garments Industries (Pvt) Ltd Sellamuthu
Ravindran, signed the agreement on behalf of the company.
Talisfull Asia Pacific signed an agreement to set up a Regional
Operating headquarters Company. The regional operations centre set up in
Colombo will manage their supply operations in Sri Lanka, Bangladesh and
Turkey. The company is engaged in the supply of garment accessories.
The venture is an investment of Rs. 57 million that will create 25
new employment opportunities.
A Rs. 69 million investment agreement to set up a venture to
manufacture poly packaging for indirect export was signed with J and D
Poly Packaging (Pvt) Ltd. The project sponsored by Korean investors will
set up their manufacturing plant at Boralesgamuwa. The venture is
expected to generate new employment for 100.
Directors Jeong Lee and Ms. Seok Ok Jang signed the agreement on
behalf of J and D Poly Packaging (Pvt) Ltd. |
