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::

* South Korea's Hyundai Engineering & Construction wins US$ 339 million contract to build a resort in Sri Lanka
Fri, May 2, 2014, 09:47 am SL Time, ColomboPage News Desk, Sri Lanka.

May 02, Seoul: South Korea's Hyundai Engineering & Construction Co Ltd said on Friday that it had won a US$339.30 million order to build an integrated resort in Sri Lanka for privately owned Waterfront Properties Ltd.

The company had announced this in a regulatory filing, a Reuters report said.

The firm said in a regulatory filing the contract was expected to be completed in March 2018.

Sri Lanka's conglomerate John Keells Holdings, which owns the Waterfront Properties, said Monday the project site for the mixed resort, has been handed over to the contractor and the construction has commenced following the approval received from the parliament.

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.

ColomboPage - Recent 10 Stories
Draft bill of the 19th Amendment to the Constitution in Sri Lanka parliament tomorrow, JHU, JVP to support
-- [6 hours ago]
Sri Lankan Buddhist monk activist to stage sathyagraha tomorrow to support 19th Amendment
-- [6 hours ago]
Second Sri Lanka Army contingent with relief supplies ready to leave for Nepal
-- [7 hours ago]
Chinese Chamber of Commerce rejects allegations of high interest loans to Sri Lanka
-- [8 hours ago]
Sri Lanka probes serious security breach at President's event - report
-- [8 hours ago]
Sri Lankan President requests his party to unite to ensure victory at elections
-- [9 hours ago]
Over 23,000 deserters respond to Sri Lanka Army's general amnesty
Sri Lanka sends medical team to assist Nepal in earthquake relief efforts
No Sri Lankans hurt in Nepal earthquake, students safe
U.S. Secretary of State to visit Sri Lanka on May 2- report

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.