Amidst all the restructuring chaos at the country’s premier investment promotion agency, the Board of Investment (BOI), new investment applications have not been processed for more than two months, according to BOI staff.
“We cannot process any applications as the new incentives for the prospective investors are not ‘clear’,” an employee told the Business Times.
He said that for the past two months this has been going on.
Added to this he said that there is more confusion in three major BOI departments – Promotions, Investments and Monitoring which are to be amalgamated in a bid to focus on the nine thrust sectors that BOI has identified to give priority to, while these three departments and staff relating to the thrust sectors were to be shifted to the 24th floor of the World Trade Centre (WTC).
On Wednesday and Thursday, employees on the 26th floor were granted leave as the cutting, chopping and demolishing partitioning on that floor earlier this week was seen as a ‘health hazard’ for the employees by the management.
They said that Dr. P.B. Jayasundera, Secretary to the Treasury under whom the BOI’s jurisdiction is, had wanted the 9-floors of BOI at the WTC to be reduced to five.
Employees say that for the past two weeks this issue has been going on and the BOI has virtually come to a halt.
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