BOI signs agreement for warehousing and logistic project in Malwana

BOI Chairman Hemasiri Fernando (right) formally presents the Certificate of Registrations to Skylift Container Depot and Logistics Managing DirectorRoshan Buthgama

• New facility will be advantageous to exporting enterprises

The Board of Investment of Sri Lanka signed an agreement with Skylift Container Depot and Logistics Ltd. to set up a facility that would be engaged in warehousing and logistic services with a container depot. 

This project with a total value of $ 1.83 million will be located at Walgama, Malwana and provide employment for 49 employees. 

The agreement was signed on behalf of the Board of Investment of Sri Lanka by Hemasiri Fernando, Chairman of the Board and Roshan Buthgama, Director and Managing Director of Skylift Container Depot and Logistics Ltd.

Roshan Buthgama stated, “We have considerable experience in handling of logistics and container depots both in Sri Lanka and in Melbourne, Australia. We are confident that many of the BOI enterprises at the Biyagama Export Processing Zone will be our future customers, as this will be very advantageous for all companies.”

“The activities of the logistic centre would include handling of both inbound containers which would include raw materials and machinery and outbound finished products.”

Roshan Buthgama added, “We are able to finalise this project from scratch in a matter of two-and-a-half months which was possible thanks to the efforts of the BOI.I must add that this included the need to obtain the additional approvals required from other State institutions.”

Supplementary agreements were also signed with existing BOI enterprises engaged in furniture, agro-based industry, glass manufacture and winter clothes manufacture.