BOI targets US $ 1 billion this year

Sanjeevi Jayasuriya

The Board of Investment Sri Lanka (BOI) targets increased investment value for this year.

The BOI is looking at more investments this year and expects over US $ one billion worth of investments by the end of 2011, Board of Investment Deputy Director General Investment and Promotion A M C Kulasekera told Daily News Business.

"Basically we are promoting diverse sectors including tourism, export oriented manufacturing and services, infrastructure, higher education and skills development.

Agriculture and agro processing, dairy development and fisheries.

The investment opportunities are also available in special economic zones and industrial estates and urban development. The country will promote a conducive business environment which will improve the level of investment.