Sri Lanka, Aug. 25 -- Tilko Blue Ocean Holdings (Pvt) Ltd. has signed an agreement with the Board of Investment of Sri Lanka (BOI) to develop Yarl Royal Palace, a major residential project in Jaffna expected to become the tallest residential landmark in Northern Sri Lanka.

Located at No. 107, Kandy Road, Jaffna, overlooking the historic Old Park, the project comprises six levels of modern car parking, 13 residential floors and 78 premium residences.

The company said the BOI agreement marks an important investment milestone and reflects its confidence in the long-term economic and urban development potential of Jaffna and the Northern Province. The development is expected to generate economic activity across construction, engineering, pr...