New BOI projects approved
The Board of Investment of Sri Lanka (BOI) granted investment
approval for three ventures to commence operations. Chairman/Director
General Dhammika Perera signed the agreements and presented the BOI
Certificate of Registration to the investors.
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Director of Kaatsu Highly Advanced Medical Technology Training
Centre (Private) Limited M.A. Ariyaratna receives the BOI
Certificate of Registration from Chairman/Director General of
BOI Dhammika Perera. |
The Kaatsu - Highly Advanced Medical Technology Training Centre set
up with an initial investment of US $ four million provides Kaatsu
teaching and training methodology for foreign students.
Kaatsu is a psychotherapy method involving compressing the
vasculature proximal to the exercising muscles, developed by Yoshiaki
Sato said Director of the Company M.A. Ariyaratna.
The training institute is expected to provide degree qualifications
in this field affiliated to a recognized university in Japan. The
institute will focus mainly on enrolling Japanese students, Ariyaratna
said.
The academic panel will consist of Japanese nationals and Sri Lankans
trained in Japan. The institute is expected to have about 250
international students for its initial intake. With the establishment of
this project Sri Lanka will have an opportunity to earn foreign
exchange.
Managing Director Jagath Seneviratne and Director M.A. Ariyaratna
signed the agreement on behalf of the Kaatsu - Highly Advanced Medical
Technology Training Centre.
An investment agreement of Rs. 60 million was signed with Top Hills
Ceylon Tea Limited. The venture will manufacture ready to drink bottled
tea and sachets of tea paste for the export market. The production
facility will be in Maskeliya.
The innovative range of products manufactured by the company is to be
exported to markets in China, Switzerland, Middle East and Europe.
The project will employ a workforce of 160. Directors of the company
D.M.N. Bandara and Ms. P.N. Perera signed the agreement on behalf of the
company.
DPSL Industries was granted approval to commence manufacturing
packaging material for the export market under the BOI.
The venture is an investment of Rs. 45 million providing employment
for 200. The manufacturing plant is at the Dankotuwa Industrial Park. |
