BOI awards Sundara and The Plantation Luxury Villas, BOI certification

BOI awards Sundara and The Plantation Luxury Villas, BOI certification

Date : 2021-01-13

The agreement with the BOI is to build a luxury resort valued at over US $ 4.5 million. The project known as the Plantation Luxury Villas to be built in Koggala, is considered a strong vote of confidence in Sri Lanka’s tourism sector by a foreign investor and developer known for internationally renowned luxury resort projects.

Expressing confidence in the ability of the country to bounce back soon, the first FDI in the country’s tourism sector after the recent incidents was signed by the founders of Sundara (Pvt) Ltd., Dale Rennie and Sabrina Van Cleef Ault at the Board of Investment (BOI) office. The agreement with the BOI is to build a luxury resort valued at over US $ 4.5 million. The project known as the Plantation Luxury Villas to be built in Koggala, is considered a strong vote of confidence in Sri Lanka’s tourism sector by a foreign investor and developer known for internationally renowned luxury resort projects. “Sri Lanka is our home now and despite the recent events we have always felt absolutely safe and looked after here. We want our investors and visitors to feel the same way. The country’s natural beauty is stunning and our property in Koggala perfectly encapsulates the mini treasure stove of wonders you can find here in Sri Lanka,” Dale and Sabrina said. The project is due to be completed next year and land has been already allocated. We have received amazing support from the authorities and this is a key in our ultra luxury markets within the environment ethos. We have a number of projects in several countries including Bali in Indonesia and Philippines which are environment- friendly, Rennie said. “We look at the country and try to understand the key natural environment. We were impressed by the environment in Koggala. We will be using sophisticated construction methods. For instance, water purification will be similar to that of Singapore. We will engage in green initiatives to promote and educate people. We have a long term view on Sri Lanka and the recent incidents did not alter our plans in the country. We want to be a part of the solution and it is about the whole eco system,” he said. The Plantation will commence development in early 2021.  The first stage of development will be finished by December 2021.

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THE PLANTATION BROCHURE

A MAGICAL PLACE WHERE NATURE ABOUNDS.

Approved by the Sri Lankan Government’s Board of Investment (BOI) as a project and company.