Sri Lanka’s Cinnamon Life resumes construction of Colombo’s largest private mixed development investment - Opportunity Sri Lanka
Sri Lanka’s Cinnamon Life resumes construction of Colombo’s largest private mixed development investment

Sri Lanka’s Cinnamon Life resumes construction of Colombo’s largest private mixed development investment

Cinnamon Life by Sri Lanka’s John Keells Group has resumed construction of Cinnamon Life, which is the country’s single and largest private mixed development investment.
The resumption of construction commenced following the shutdown of the country in March following the Cocid 19 global pandemic.
An inspection to the Cinnamon Life construction site was reportedly made by Chief Public Health Inspector DR. R. L. De S. Wijayamuni and other public health inspectors to assess the health and safety standards that have been introduced at the site.
According to reports, construction has resumed following a holistic approach to sanitation and social distancing norms required in relation to the site which commenced operation with 500 workers. Temperature checks and scans, routine hygiene checks, staggering of work and enhanced sanitary measures are among the steps taken for workers on-site, along with strict guidelines for the usage of lifts, cafeteria and other gathering areas.
The Chief Public Health Inspector has commended Cinnamon Life for the initiation of resuming construction with such a high standard of safety, “My team and I paid a visit to the construction site of the largest tourism development in Colombo and approved the resumption of operations after a standstill in construction for several months. This was based on the extremely careful and vigilant measures taken by the management of Cinnamon Life, the progress made thus far and the importance of completing this project. The steps taken by Cinnamon Life to resume the construction are commendable and are a good case study to benchmark in the new post COVID landscape.”
Commenting on the resumption of work, Suresh Rajendra, President – Property Sector at John Keells Holding has said, “The decision to resume operations was taken with careful consideration of the health and safety of our staff. This is our foremost priority. We are also making active efforts towards minimizing supply chain disruption, increasing productivity and on-site safety and sanitary measures as we work closely with our partners and the medical officials to abide by all regulations.”
Local media reports have stated that Cinnamon Life, the iconic 4.5 million sq. ft integrated mixed-use development, is a city within a city, and is envisioned to be the epicenter of modern South Asia. Also, with 10-acres of integrated spaces, Cinnamon Life designed by globally acclaimed master architect Cecil Balmond will consist of a luxury 800-room five-star hotel, 427 premium residential apartments, a 30-storey office complex, 5-storeys of retail and unlimited entertainment.

OSL take:

The recommencement of construction work of Sri Lanka’s largest private mixed development project is yet another indication of the country’s economic activities returning to normalcy following the outbreak of the Covid 19 global pandemic. Sri Lanka was on an aggressive development drive when the world came to a standstill following the outbreak of the pandemic. Sri Lanka’s geographical positioning in the Indian Ocean, the ease of doing business environment in the country and the many trade agreements as well as trade concessions enjoyed by the country made it an emerging business hub in the South Asian region. Therefore, with the resumption of economic activities in the country, Sri Lanka would once again become a hotspot for business/investment opportunities.

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Article Code : VBS/AT/21052020/Z_1

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