Archives

Ceylinco Theme Parks (Pvt) Ltd. (CTPL) was incorporated recently, to develop an Amusement Park on 60 acres of land in Ja-Ela where the public could avail themselves of entertainment, amusement and adventure,all in one location.

The land has been obtained on a 99 - year lease, while the total project cost is estimated around Rs.1.6 billion.

Chairman Ceylinco Group Lalith Kotelawala together with Deputy Chairman Ceylinco Securities and Financial Services Group (CSFSL) Bandula Ranaweera, signed the agreement on behalf of Ceylinco Theme Parks (Pvt) Ltd., along with BOI Director General Arjunna Mahendran. The project is fully sponsored and approved by the BOI. "We embarked on this project as we wished to branch out into an entirely new area of real estate and the Ceylinco Group wished to provide the public with a new form of entertainment hitherto unavailable to our people" said Kotelawala.

Cinema halls,roller coasters, rail carts, jungle adventures, orchid and rose gardens, will all be features of the theme park, with accommodation facilities for tourists as well.

"We are hoping to obtain the help of foreign experts to serve as consultants to the project and are currently sourcing them" Ranaweera said. "Work on the project is expected to commence in June this year and we hope to finalise the Theme Park within one year of the date of commencement of work".

News | Business | Features | Editorial | Security
Politics | World | Letters | Sports | Obituaries |

Produced by Lake House
Copyright 2001 The Associated Newspapers of Ceylon Ltd.
Comments and suggestions to :Web Manager