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Sunday, 15 December 2002 |
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News Business Features |
Newsmaker of the Week The amendments to the new BoI Bill are being made by the legal draftsman and the bill is expected to become effective once it is signed by the Speaker. Under the new regulations, the Board of Investment of Sri Lanka will be known as the Board of Investment while five regional economic commissions will be formed. The new regulations will devolve BoI powers to the economic zones. Approvals for projects will be given by the BoI while implementation will be handled by the commissions. The new regulations will pave the way for speedy implementation of projects and develop the regions as well, said a BoI spokesman. |
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