Board of Investment to launch US$ 7.25 mn mixed-development project in Colombo

The Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03.

The project carried out in partnership with K.K. N.holdings will feature the construction of an exclusive 19-storey office space building in the city, according to a BOI statement on X (formerly twitter). “The building will also have an ultra-modern penthouse on the topmost floor, taking Luxury Living to the next level” the BOI further shared. The contract for the project was inked last week by BOI Chairman Arjuna Herath and officials of the K.K.N. Holdings Group at the BOI premises in Colombo.