Sri Lanka BOI ink deal for USD29Mn Braybrooke Residential Towers

Nov 30, 2018 (LBO) - Sri Lanka's state investment agency, the Board of Investment signed an agreement with Braybrooke Residential Towers (Pvt) Ltd to set up an apartment complex in Colombo 2. The total investment of this project is US 28.94 million dollars and it will generate 1730 direct employment opportunities. Hemasiri Fernando, chairman BOI signed the Agreement on behalf of the agency and Channa Prabodha Palansuriya and Suresh Rajendra directors of the company signed the agreement on behalf of the company.
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Champika Malalgoda, director general of the BOI was also present.