Sri Lanka, Feb. 7 -- Sri Lanka's Board of Investment signed agreements for 4 new projects recently.

The companies representatives signed the agreements with the BOI. Representing the BOI was Ms. Champika Malalgoda, Director General of the Board of Investment of Sri Lanka.

One of the Agreement signed was with Arihara Lanka Dream Company (Private) Limited to set up, construct and operate a 36 roomed hotel which will be located in Dambulla. When completed it will create 80 employment opportunities and the total value of the investment US$ 3.85 Mn.

This project is a Japanese investment and the Chairman and Managing Director of Arihara Lanka Dream Company (Private) Limited., Hiroshi Arihara stated "We initially were interested in building a h...