Sunil C. Perera in Colombo
The Board of Investment has approved eight new projects involving agriculture, steel products, readymade garments, assembling of motor cars, housing schemes, and ornamental plants. Accordingly, a proposal to set up a motor vehicle assembling plant has been initiated by Frontier Transportation Solutions to produce vehicles. Sunagrow Farms Pvt. Ltd is to begin growing vegetables, fruits, herbs and ornamental plants. Similarly Derena International Pvt. Ltd will also start a similar venture in Wennappuwa area, while Lanka star Style Pvt Ltd invests to produce steel rods in Damunugolla.