23 projects with Rs. 68 b investment approved for north: Lakshman Yapa
The Board of Investment (BOI) has approved 23 projects with an envisaged investment of Rs. 68 billion specifically for the Northern Province, a top Minister disclosed yestedray.
With the Board of Investment (BOI) setting up an office in Jaffna in 2010, a considerable amount of business and industrial activity has taken place since the end of the conflict. “Private sector investment approved by the BOI for post-war Northern Province is Rs. 68.2 billion via 23 projects, especially in agriculture and fisheries. Additionally nine hotel projects consisting of 328 rooms have been approved for construction with an investment of Rs. 2.2 billion,” Investment Promotion Minister Lakshman Yapa Abeywardena told the Investor Forum organised in Jaffna yesterday.