BOI to open office in Jaffna

In keeping with the policies and development effort to re-awaken the Northern Province, the BOI will open a branch office in the Jaffna peninsula.

The presence of a BOI office in Jaffna will enhance and help expedite the development plan envisaged by the BOI. The BOI has identified the potential land for various development projects in the provinces with the Government Agent of Jaffna.

The BOI has discussed with investors a scheme to develop private schools, particularly a Medical College and Universities and Hospitals. The BOI will also promote agricultural projects and fisheries projects. Discussions were carried out by the BOI with Government officials revealed that in most areas ground water is available and could be utilized for housing complexes and other projects. The BOI would encourage the Tamil diaspora to invest in Jaffna particularly in real estate development and the construction of apartments and housing complexes which could be used by them as their second home. It was found that infrastructure was required for future development.

The BOI will develop linkages with other Ministries, Departments and the authorities who provide water, electricity and roads to expedite the provision in infrastructure for future development. In addition the BOI will explore the possibility of joint ventures particularly in the peninsula to enhance infrastructure facilities. The setting up of an office in Jaffna will help meet these requirements expeditiously.

The BOI has already identified a building for the office close to the Jaffna town as suitable, once it is renovated.

The BOI will recruit Senior Managers and Managers giving preference to the educated youth in Jaffna.