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BOI signs an agreement with Vallibel Properties Ltd to construct Landmark Building


The Board of Investment of Sri Lanka signed an agreement with Vallibel Properties Ltd to construct of its State-of-the-art 16 storey Office complex.

This project with a total value of US$ 8.1 Million will be set up at Colombo 3 and provide direct employment for 200 employees.

The agreement was signed on behalf of the BOI by Mr Susantha Ratnayake, Chairman of the Board and Mr S B Rangamuwa, Managing Director of Vallibel Finace PLC.

Mr S B Rangamuwa, stated “It’s our shared responsibility to rebuild Sri Lanka and our decision not to delay our most ambitious investment yet speaks volumes of Vallibel’s commitment to the economy and its preparedness to face the most daunting challenges”

Carrying the hallmarks of a unique architectural masterpiece, the 16-storey building is expected to stand out just the way it has on many fronts in its short but peace-setting 12 years. These include being named by LMD as the most respected finance company in Sri Lanka.

The project will be completed with in 18 months.

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