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Wednesday, 8 February 2012

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Will invest Rs 3 billion:

BOI zones to be upgraded

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.

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Targets US $ 1 b export earning:

Batik industry making strong comeback

The Sri Lankan batik industry is making a strong comeback and is poised to be a US $ one billion export earning industry in two years. One of the pioneering legends in the industry, Eric Suriyasena said that the main reason for business to rebound is the growth in tourism. “With tourism picking up there is a tendency in sales picking up locally as well,” he added. He said that currently the trade’s earnings are around US $ 300 million and the main sales are overseas.

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After two months in operation:

Southern Expressway revenue Rs 151 million

The Sri Lanka Government has earned over Rs 151 million from the Southern Expressway within two months of opening. The Southern Expressway is the first expressway in the country which was opened on November 27 last year. Southern Expressway Acting Director B.D.K Bandara told Daily News Business that Rs 70 million out of the total of Rs 151 million had been earned from the Southern Expressway during January. The administration records show an earning of Rs 4.6 million during the Independence Day.

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Suriyasena with some clients



 
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