Sri Lankan government focuses on fast tracking work of new shopping complex in Kollupitiya - Opportunity Sri Lanka
Sri Lankan government focuses on fast tracking work of new shopping complex in Kollupitiya

Sri Lankan government focuses on fast tracking work of new shopping complex in Kollupitiya

Sri Lanka’s Prime Minister Mahinda Rajapaksa has directed the Colombo Municipal Council (CMC) to act diligently towards expediting construction of the new shopping complex project in Kollupitiya, in Colombo by encouraging investors.
The Prime Minister made this request during a meeting held recently where he had addressed CMC party leaders at Temple Trees.
According to reports, it was proposed to construct a new shopping complex at the present Kollupitiya market premises.

The proposed project was unveiled by the Prime Minister in March this year and the project is being jointly implemented by Sri Lanka’s Urban Development Authority (UDA), the CMC, and a selected investor.
The Premier has further noted that project implementation issues should be discussed and resolved with the consent of the MPs and officials and the investors should be encouraged.
Mayor of Colombo Rosy Senanayake, Deputy Mayor of Colombo Mohammed Iqbal, Colombo Municipal Council Leader of the Opposition M.H. Manzil and other council members, Secretary to the Prime Minister Gamini Senarath, Urban Development Authority Chairman Major General (Rtd.) Udaya Nanayakkara, Urban Development Authority Director General N.P.K. Ranaweera, State Ministry of Urban Development, Coast Conservation, Waste Disposal and Community Cleanliness Director General (Development) Eng. S.K.A.P. Devaraja and Municipal Commissioner Roshanie Dissanayake were present at the meeting.

OSL take:

Sri Lanka is engaged in an aggressive development programme covering all key economic sectors in the country. The country’s geographical positioning in the Indian Ocean, the many trade agreements as well as concessions and the increasing ease of doing business environment in the country have all helped Sri Lanka position itself as an emerging business destination in the South Asian region. Given the growing business potential in the country, foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s development
programme.

Share this:

Article Code : VBS/AT/02112021/Z_4

    For More Info and Help






    Leave a Comment