New BOI Projects signed in Tourism and Pharmaceutical Sectors

New BOI Projects signed in Tourism and Pharmaceutical Sectors

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The Board of Investment of Sri Lanka (BOI) signed agreements for projects in the field of hotels and the manufacture of pharmaceuticals. The agreements were signed on behalf of the BOI by the Chairman, Mr. Hemasiri Fernando. Also present was Mrs. Champika Malalgoda, Director General of BOI.

Future Hilton Hotel in Yala

The Wild Beach Resorts (Private Ltd) project is to set up, construct, and operate a 42 roomed hotel that will be located at the Yala Wildlife Tourism Zone at Palatupana, Yala. The value of this investment is USD 12 Milion. Mr. Muruganathan Pillai, Director of Melwa Hotels and Resorts signed the agreement on behalf of the company.

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