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Iconic Lotus Tower project : Open to more foreign investors

Regional Policies 2020-06-17 133 0

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Reference:CGTN | Updated: 15 June 2020

Sri Lanka's iconic Lotus Tower project located in capital Colombo will be declared open as a more productive investment of higher quality for foreign investors, President Gotabaya Rajapaksa was quoted by local media as saying on Tuesday. 

In a meeting held with officials of the Telecommunications Regulatory Commission (TRC) and the Lotus Tower project, Rajapaksa said both local and foreign investors should be made aware of the investment opportunities available at the Lotus Tower project such as investments in restaurants, retail shops, leisure activities and other areas. 

Rajapaksa also said opportunities should be made available to invest in traditional crafts at the premises. 

"The common public of the country should be given the opportunity to visit the tower and enjoy it just as foreign tourists," the president said. 

The tower, whose construction began in 2012, stands 356 meters tall and is expected to bring great benefits to Sri Lanka's telecommunication and broadcasting industry. 

Inaugurated in September last year, the tower also includes a revolving restaurant, an observation deck with a view of Colombo City, a shopping complex, among others. 

It is set to open to the public by next year. 

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