Sri Lanka’s Hunas Holdings partners with Japan’s CCH Inc
EconomyNext: Sri Lanka’s Hunas Holdings, a diversified conglomerate, said it was partnering with CCH Inc to develop its real estate and hospitality sectors.
CCH Inc is a Tokyo-based diversified business group founded in 2008 that specializes in business process outsourcing (BPO), in-house services, investment, mergers and acquisitions, and business development.
“Its approach combines investment with M&A, business development and operational expertise, enabling the company to play an active role in the businesses and markets it enters,” Hunas Holdings said in a market filing.
Hunas Holdings, a listed company on the CSE, has 12 subsidiaries that specialise across renewable energy, leisure, tea and real estate.
“This partnership is entered into identify, develop and manage potential Real Estate and hospitality projects.”
The collaboration is expected to strengthen the company’s presence and growth prospects across these sectors, while enabling the development of new opportunities.
OSL take:
Sri Lanka’s expanding economy and recovering tourism industry are creating new business/investment opportunities for foreign businesses/investors in real estate development and hospitality, with demand emerging across residential, commercial, leisure and tourism-related projects. The partnership between Hunas Holdings and Japan-based CCH Inc highlights growing international interest in developing and managing real estate and hospitality projects in Sri Lanka. Such partnerships can bring foreign capital, development expertise and international operating experience into a market with significant room for expansion. Business/investment opportunities extend beyond traditional hotels to boutique resorts, branded residences, serviced apartments, mixed-use developments, wellness and leisure properties, and tourism-oriented residential projects. Investors can also explore redevelopment of existing properties and projects in emerging tourism destinations outside Colombo. The hospitality sector offers additional opportunities in eco-resorts, wellness tourism, luxury accommodation and destination-based experiences, while rising visitor numbers can support investment in supporting infrastructure, restaurants, entertainment and tourism services. For foreign businesses, Sri Lanka offers the potential to combine real estate development with hospitality and tourism, creating diversified projects that can generate recurring income while benefiting from the country’s longer-term economic and tourism growth.
| Article Code : | VBS/AT/20260908Z_2 |