HomeBizHighlightsBlue Ocean Group Signs Landmark Agreement with BOI to Propel National Development

Blue Ocean Group Signs Landmark Agreement with BOI to Propel National Development

Published on

Colombo, Sri Lanka — Blue Ocean Group of Companies has entered a landmark partnership with the Board of Investment (BOI) of Sri Lanka, reaffirming its commitment to national development and large-scale infrastructure transformation.

The agreement was officially signed at the BOI Head Office in the presence of Mr. Sivarajah Thumilan, Chairman and CEO of Blue Ocean Group; Mrs. Suranee Thumilan, Group Director; and Mr. Arjuna Herath, Chairman of the BOI.

This strategic collaboration not only symbolises a significant high-value investment but also reflects the government’s continued trust in Blue Ocean’s ability to execute transformative real estate and infrastructure projects.

“This agreement marks a new chapter in our journey toward creating world-class developments that reflect the aspirations of a modern Sri Lanka,” stated Mr. Thumilan. “We are proud to have the support and trust of the BOI as we continue to deliver landmark projects that attract both local and international investors.”

The partnership strengthens investor confidence in Sri Lanka’s real estate sector and underscores Blue Ocean’s institutional credibility, innovation, and sustainable approach to property development. As a trailblazer in Sri Lanka’s construction industry, Blue Ocean Group remains dedicated to shaping a dynamic urban landscape for the nation’s future.

LATEST NEWS

Ambeon Strengthens Harischandra Mills Board with High-Profile Appointments

Ambeon Capital PLC has announced the appointment of four distinguished professionals to the Board...

HNB General Insurance Wins ‘Best General Bancassurance Provider’ Award for Fourth Consecutive Year

HNB General Insurance (HNBGI) has further strengthened its standing within Sri Lanka’s insurance industry...

CBSL and Australia Join Forces to Enhance Digital Financial Literacy for Sri Lankan MSMEs

The Central Bank of Sri Lanka (CBSL) has entered into a strategic partnership with...

Vallibel Finance Raises Rs. 2.1 Billion Through Oversubscribed Rights Issue

Vallibel Finance has successfully raised more than Rs. 2.1 billion through an oversubscribed Rights...

MORE LIKE THIS

Ambeon Strengthens Harischandra Mills Board with High-Profile Appointments

Ambeon Capital PLC has announced the appointment of four distinguished professionals to the Board...

HNB General Insurance Wins ‘Best General Bancassurance Provider’ Award for Fourth Consecutive Year

HNB General Insurance (HNBGI) has further strengthened its standing within Sri Lanka’s insurance industry...

CBSL and Australia Join Forces to Enhance Digital Financial Literacy for Sri Lankan MSMEs

The Central Bank of Sri Lanka (CBSL) has entered into a strategic partnership with...