Sri Lanka

BOI signs USD 4.5 mn villa project with US investors

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Sundara (Pvt) Ltd from USA, inked an agreement with Board of Investment (BOI) to build &The Plantation Koggala& a luxury hotel project in Koggala on Friday.

This is the first foreign party agreement to be signed after the Easter Sunday blasts, stamping investor confidence towards Sri Lanka.

Dale Rennie and Sabrina Van Cleef Ault signed the agreement to build ‘The Plantation Luxury Villas& in Koggala, a luxury resort project valued at over USD 4.5 million (approximately Rs 792 million).




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