Blue Ocean Group of Companies to invest more in luxury condominiums

Friday, 24 June 2016 00:05 - - {{hitsCtrl.values.hits}}

Blue Ocean Group of Companies, the market leader of real-estate and construction in Sri Lanka, entered into yet another agreement with Board of Investment (BOI) of Sri Lanka for developing its new luxury condominiums in Colombo City, the commercial capital in Sri Lanka.

Blue Ocean Group of Companies Chairman S. Thumilan and BOI Chairman Upul Jayasuriya signed the agreement at the BOI Head Office recently.

The Group has already built a range of luxury condominiums in Sri Lanka and at present is engaging in constructing more luxury condominiums in the heart of the Colombo and Mount Lavinia cities; the latter is one of the most sought after tourist destinations in the world.

Thumilan is one of the highly renowned academics and reputed businesspersons in Sri Lanka and abroad. Under his visionary chairmanship, the Group has become a large conglomerate which now comprises many branches not only here but abroad as well in countries such as the UK, UAE and Australia. The company today engages in a range of business fields including Real-estate, Construction, Engineering, Education, Consultation, Investments and Trading among many others.

With the new agreement, the Group once again proved that Blue Ocean is the most demanded in the construction fields in the island. Every luxury and semi-luxury condominium that the Blue Ocean builds contains state-of-the-art facilities that discerning customers look for in a metropolitan environment. Residences, apartments, and villas of the Blue Ocean open grand investment opportunities that will provide long lasting revenue channels for international and local investors.