Ananda Kulatunga

New BOI project in east unveils import substitutes and uplifts livelihood of people From right; BOI Chairman Raja Edirisuriya and Director General Renuka M. Weerakone at the occasion of signing the agreement along with KSPA Directors Saveen Abeyratne and Sonali Abeyratne KSPA and Anunine Holdings Chairman, Mr. Anurath Abeyratne Korean SPA Packaging (Pvt.) Ltd. (KSPA), […]

New BOI project in east unveils import substitutes and uplifts livelihood of people The Ultra Aluminum Private Limited recently unveiled its latest BOI approved factory in Arayampathy, Batticaloa which manufactures an import substitute known as aluminum extrusion profiles and thereby saving a significant dollar flow going out of the country. This also sets the tone

Apparel sector bullish Browns to invest Rs. 15.3 b to set up country’s most modern, largest textiles plant BOI Director General Renuka Weerakoon (second from right) presents the agreement to Brown and Company Group CEO T. Sanakan. Textile venture specialists Prithiv Dorai (third from left) and Kenneth Wijesuriya (left), Aruldas Nicholas and Charitha Jayasingha (right)

BOI launches five-year ‘strategic’ plan to attract investment The Board of Investment of Sri Lanka (BOI) presented a five-year strategic plan with the expectation of attracting sustainable foreign direct investment (FDI) to Sri Lanka.  A virtual round table titled “Investment Facilitation for Development: How Asian and Pacific Economies will Benefit” was held on 19 May in