Will invest Rs 3 billion:
BOI zones to be upgraded
Ramani Kangaraarachchi
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Katunayake BOI zone factory |
The Board of Investment (BOI) will invest Rs 3 billion to upgrade the
twelve BOI zones in the country to be model zones within the next three
years. BOI Executive Director Technical Services Sunil De Silva said the
model zones will have all facilities required by the investors to
benchmark with any international BOI zone once the work is completed.
He said over the years the industries in the zones have expanded and
acquired new technologies but those zones have not been upgraded
parallel to them. At a time that investors are looking at Sri Lanka it
is very vital to address the issues that they are concerned about.
De Silva said the infrastructure development will include new
landscaping and improvement to roads with asphalt concrete pavements
instead of traditional ones. New waste water treatment plants also will
be set up as the existing capacity is not sufficient. New facilities for
solid waste management will also be introduced. Apart from that best
practices, efficient services and aesthetic appearance will add value to
these zones.
He said that the Katunayake BOI zone which was established in 1979
has 530 acres of land and the largest among twelve zones and today there
are 84 industries and 43000 employees. Rs 280 million out of the total
amount has been allocated to improve this BOI zone. The other zones are
situated in Biyagama, Seethawaka, Horana, Koggala, Mawathagama,
Polgahawela, Meerigama, Wathupitiwala, Kandy, Malwatta and Mirijjawila.
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