Blue Ocean Capital inks US$ 4.63mn BOI deal for seaside luxury project

Blue Ocean Capital, the investment arm of Blue Ocean Group, has signed a US$ 4.63 million agreement with the Board of Investment (BOI) of Sri Lanka. This investment is targeted towards its flagship ‘Blue Ocean De Saram’ condominium project. The development, a key part of Blue Ocean’s portfolio, promises “business class living with a sea breeze” in Mount Lavinia. 

Launched in May 2024 and due for completion by September 2026, Blue Ocean De Saram will feature 70 luxury apartments with sea views, a rooftop pool, gym, and state-of-the-art design.