State Minister for Investment Promotion Dilum Amunugama had announced the BOI’s success during conversations with investors who signed investment agreements with the Board of Investment in the first quarter of this year and followed up on their business progress.

The investment objective of $ 1 was met in the first quarter of this year, with the Adani Solar project investing $ 800 million and other enterprises contracting for another $ 320 million with the BOI, a statement from the organisation said.

The meeting was primarily arranged to analyse the progress of signed projects, resolve any outstanding issues, and provide necessary support to projects signed in the first quarter of 2024.