Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's John Keells commences construction of waterfront resort after parliamentary approval
Mon, Apr 28, 2014, 08:11 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 28, Colombo: Sri Lanka's John Keells Holdings (JKH) said it has commenced the construction of the waterfront development project following its approval by the Sri Lankan parliament.

In a stock market disclosure today, the JKH said the Integrated Resort Project undertaken by Waterfront Properties (Private) Limited, a subsidiary controlled by the JKH, has received approval from the parliament, under the Strategic Development Projects Act No. 14 of 2008, as published in the Gazette dated 30th January 2014.

The Company announced that the project site has been handed over to the contractor and the construction has commenced.

JKH plans to build a luxury multi-function resort at a cost of over US$ 650 million in the heart of Colombo in the land owned and occupied by the JKH subsidiaries, Ceylon Cold Stores (CCS), John Keells PLC, John Keells Properties and Waterfront Properties in Slave Island in Colombo.

The company will develop, own, manage, operate, sell, lease and rent a luxury multi/mixed-use integrated resort.

ColomboPage - Recent 10 Stories
John Keells Holdings files its first patent related to novel energy storage material
-- [1 hour and 40 minutes ago]
Tamil Tiger fundraiser losses battle to stay in Canada as federal court upholds deportation order
-- [1 hour and 57 minutes ago]
Sri Lankan national arrested in India for entering illegally
-- [3 hours ago]
Sri Lanka Navy arrests two with 45 kilograms of Kerala cannabis
Namal Rajapaksa pleads not guilty to contempt of Court charges
Local government elections cannot be held before May - Election Commissioner
Construction of 100 houses for landslide victims in Aranayake begin with Chinese aid
Coca Cola interested in setting up a production plant in Sri Lanka
UN assures Sri Lanka assistance for drought relief
Travel ban imposed on Avant Garde Chairman and former Defense Ministry official

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.