Blue Ocean Group Strengthens Sri Lanka’s Investment Landscape with Four BOI-Approved Developments

Blue Ocean Group has further strengthened its position in Sri Lanka’s property development sector by securing Board of Investment (BOI) status for four landmark residential developments. This achievement marks an important milestone in the Group’s continued expansion and its contribution to Sri Lanka’s investment and real estate landscape.
The four BOI-approved developments are located at No. 107, Kandy Road, Jaffna; No. 15A, Layards Road, Colombo 04; No. 34/2, De Saram Road, Mount Lavinia; and No. 01, Havelock Place, Colombo 05. Together, these developments demonstrate the Group’s commitment to delivering strategically located, high-quality residential projects across key urban markets in Sri Lanka.
Securing BOI status for four projects within a relatively short period reflects Blue Ocean Group’s established development track record, commitment to regulatory compliance, and confidence in the long-term potential of Sri Lanka’s property and investment sectors.
This achievement is particularly significant as Sri Lanka continues to seek greater domestic and foreign investment, expand economic activity, and strengthen investor confidence. Professionally developed residential projects can support these objectives by generating employment, stimulating the construction and related industries, supporting demand for professional services, and creating quality real estate assets within the country.
Blue Ocean Group continues to focus on developments that combine prime locations, contemporary architecture, modern amenities, and long-term investment value. At the same time, the Group remains committed to maintaining appropriate standards of quality and regulatory compliance throughout the development process.
The BOI approvals further reinforce the Group’s broader commitment to supporting Sri Lanka’s development by attracting investment into professionally structured real estate projects and contributing to the modernization of the country’s urban residential landscape.
With developments extending from the commercial heart of Colombo to Mount Lavinia and Jaffna, Blue Ocean Group continues to expand its geographical footprint while responding to the evolving requirements of local homeowners, overseas Sri Lankans, and property investors.
The achievement of BOI status for these four landmark developments represents more than a corporate milestone. It reflects Blue Ocean Group’s continued confidence in Sri Lanka and its commitment to contributing to the country’s long-term economic and investment growth.
Four BOI-Approved Landmark Developments

No. 107, Kandy Road, Jaffna: A landmark residential development strengthening the Group’s presence in Northern Sri Lanka.

No. 15A, Layards Road, Colombo 04: A strategically located residential development in one of Colombo’s established metropolitan locations.

No. 34/2, De Saram Road, Mount Lavinia: A premium residential development positioned within Mount Lavinia’s highly sought-after coastal residential market.

No. 01, Havelock Place, Colombo 05: A contemporary urban residential development situated along one of Colombo’s prime residential and commercial corridors.
Blue Ocean Group — building landmark developments, strengthening investor confidence, and contributing to Sri Lanka’s future.




