BOI announces US$ 4.15 Mn beachfront luxury apartment project

January 8, 2024 at 11:42 AM

An agreement has been signed between South Beach Weligama Properties and the Board of Investment of Sri Lanka (BOI) for a luxury apartment complex project for an investment of US$ 4.15 million.

Announcing the project on ‘X’, the BOI said the agreement was signed for 106 apartment complexes located on the beachfront.

The BOI further said the luxury apartment project targets local and foreign property seekers, from the US, the UK, Australia, and Indian markets. (NewsWire)