Sri Lanka's BOI seeks investors for North-East

[TamilNet, Friday, 21 May 2004, 15:14 GMT]
Sri Lanka Board of Investment (BOI) has established a Regional Economic Development Office (REDO) in Trincomalee town. The main objective of the REDO is to lure people from overseas, especially Sri Lankan expatriates, to invest in the eight districts of the northeast province, REDO's Chief Executive Officer, Mr. Terrence Suntharam, told journalists Thursday.

REDO covers the eight districts of the war-torn northeast province with its headquarters in Trincomalee, which is located in the upper floor of the Trincomalee Multi Purpose Co-0operative Society (MPCS), sources said.

Mr.Suntharam said that REDO for the northeast province comes directly under the BOI Chairman, Mr. Lalith de Mel." I am answerable to BOI head," he said

Mr.Suntharam has visited all the districts of the northeast except Mannar, and also the Liberation Tigers-controlled areas of Kilinochchi and Mullaitivu, since he assumed office as the CEO of the REDO.

"I will be visiting Kilinochchi and Mullaitivu very shortly, " Mr.Suntharam said.

" We are targeting twenty investors in the initial stage. We have already received 10-12 inquiries," he added.

REDO will also promote small and medium entrepreneurs in the northeast province to launch projects in the sectors of tourism, agriculture, housing and private hospitals, he said.

 

Latest 15 Reports
15.09.20 06:37   Photo
UN Rights Chief joins her predecessors in watering down collective rights of genocide affected people
04.09.20 22:13   Photo
Diaspora youth group re-aligns Tamil narrative on enforced disappearances
03.09.20 15:41   Photo
Jude Lal Fernando’s Sputnik interview exposes unfolding British duplicity on KMS ‘investigations’
02.09.20 22:03   Photo
Gotabaya's ‘Task Force’ monk threatens Tamils to stay away from their paddy fields in Thiriyaay
01.09.20 23:36  
Colombo extends genocidal land grab targeting farmlands of Tamils along NE border: Ravikaran
31.08.20 16:36   Photo
Families of war-disappeared send strong message braving SL restrictions on International Day
08.08.20 01:05   Photo
Sumanthiran alleged of exerting Colombo’s influence to tamper with preferential vote counts
07.08.20 10:08  
2020 election resembles 1970 polls that formed genocidal Sri Lanka
06.08.20 17:22  
Tamil nation-oriented parties challenged in East
05.08.20 23:41  
High voter turnout registered in North-East
04.08.20 20:57   Photo
Occupying Sinhala military reminds Eezham Tamils of whose elections they partake
03.08.20 21:05  
TMVP-linked operatives collaborate with SL Navy, suppress Tamil fishers in Vaakarai
02.08.20 18:29   Photo
Manifestos of TNA, TNPF and TMTK expose lacuna, hint areas for corrections of Tamil polity
01.08.20 21:17  
Unified Eezham Tamil national front, beyond electoral politics, is next step: Jothilingam
31.07.20 22:39  
Colombo isolates Tamil political prisoners within heavily fortified cells
 
Find this article at:
http://www.tamilnet.com/art.html?catid=13&artid=12051