BOI Fast-Tracks Paranthan & KKS Industrial Zones for Jan 2027 Launch 📈

The Board of Investment (BOI) is accelerating plans to establish Export Processing Zones (EPZs) at Paranthan and Kankesanthurai (KKS) to drive investment and job creation in the Northern Province. • Key Timelines: Land reservations for investors in Paranthan will open by end-November 2026, with internal infrastructure development targeting a parallel launch at both Paranthan and KKS by early January 2027. • Investor Facilitation:📈 BOI Fast-Tracks Northern EPZs in Paranthan and KKS for Jan 2027 • Key Milestones & Timelines: • Paranthan EPZ: Investor land reservations open by end-Nov 2026; internal infrastructure work starts Jan 2027. • KKS EPZ: Internal infrastructure work targeted to begin in Jan 2027 on a parallel track. • Investor Promotion: BOI to host a Northern familiarization program for leading investors in Nov 2026. • Streamlining Investment: • Proposal to establish a Single-Point Coordination Mechanism and a Northern Province Investor Facilitation Centre to eliminate administrative bottlenecks and fast-track approvals. • Plans for a Regional Manpower Information Database to track local workforce skills, supporting regional employment and investor needs. • Sector Diversification: • Sea cucumber and seaweed cultivation identified in Ariyalai, Jaffna as promising commercial sectors to expand and diversify the North's export-oriented industries.