BOI signs deal for luxury tourist hotel in Batticaloa

Colombo: The Board of Investment of Sri Lanka (BOI) has signed an agreement for a Rs. 100 million luxury tourist hotel in Batticaloa.

The agreement was signed between the Liyera Beach Hotel (Pvt) company and the BOI. According to the agreement, the hotel will be three star with 30 rooms and all facilities. It will include an ayurvedic spa facility, gymnasium and a tennis court.

Construction work on this project will begin this month and will be completed by the end of this year.

Minister of Enterprise Development and Investment Promotion Dr. Sarath Amunugama said, 'the Board of Investment is always willing to support development projects of tourist, fishing and agricultural industries in the Eastern province, and we have already got approval to start new projects especially in the tourist industry.'