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* Sri Lanka's first floating market opens for public
Mon, Aug 25, 2014, 11:04 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 25, Colombo: Sri Lanka's first floating market in the heart of capital Colombo was declared open for the public by Minister Maithripala Sirisena this evening.

The Urban Development Authority (UDA) with the assistance of the Army and Navy converted the area along the Bastian Street from the Pettah bus stand to Fort Railway Station to an attractive shopping complex floating on the once polluted Beira Lake.

The new shopping stalls are built along the canal bank in a unique architectural design that blends in with the location all the while giving it a touch of modern elegance, according to the UDA.

The market complex constructed at a cost of Rs. 150 million has 92 stalls and 78 out of these stalls have been provided to traders who were engaged in unauthorized trading at the location and lost their businesses due to construction.

In addition selected state institutions will be allocated a number of stalls to promote local products targeting foreign tourists.

The complex also includes a vehicle park and walking paths.

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