BOI to open office in Jaffna

In keeping with the policies and development effort to re-awaken the Northern province, BOI has taken steps to open a branch office in the Jaffna peninsula.

The presence of a BOI office in Jaffna will enhance and help to expedite the development plan envisaged by the BOI. BOI has identified in the provinces with the Government Agent of Jaffna the potential land for various development projects.

The BOI has discussed with investors a scheme to develop private schools, particularly a Medical College and Universities and Hospitals. Also BOI will promote agricultural and fisheries projects. The discussions were carried out by BOI with the Government officials and found that in most of the areas ground water is available and could be utilised for housing complexes and other projects.

BOI would encourage the Tamil diaspora to invest in Jaffna particularly in real estate development and the construction of apartments, housing complexes which could be used by them as their second home. It was found that infrastructure was required for future development.

The BOI will develop linkages with other Ministries, Departments and Authorities who are providing water, electricity and roads to expedite the provision in infrastructure for the future development.

In addition the BOI will explore possibilities of joint ventures particularly in the Peninsula to enhance its infrastructure facilities. The establishing of an office in Jaffna will definitely help to meet these requirements expeditiously.

The BOI has already identified a building for the office close to Jaffna Town as suitable, once it is renovated. The Office will be opened up with necessary staff.

BOI will recruit senior managers, managers, giving preference to the educated youth in Jaffna.