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Aspic Attracting locals, foreigners:

TO BUILD FIRST MARINA

Aspic Corporation will build Sri Lanka's first Marina in the Bolgoda Lake to attract both locals and foreigners.

Chairman ASPIC Group, Deepthi Perera said they have already found a suitable land for this project and construction would commence by end of the year.

He said this concept is very popular in Europe and the Mediterranean countries and would be a 'hit' in Sri Lanka as well.

"We are hoping to import boats and yachts from Europe and hope to invest around Rs. 50 million for the project," he said.

Under the project private areas would be built giving privacy and would be rented out on a short or long term basis.

"We want to create the Nuwara Eliya holiday atmosphere in the city by introducing this concept," Perera added.

Aspic has invested in diversified business ventures in Sri Lanka such as finance, farming, plantations, real estate development, engineering and construction, mining of minerals, marketing and distribution and tourism and leisure industries. Profits generated from the company operations would be re-invested for this project.

In addition the company would be also embarking on Sri Lanka's first low cost housing scheme in Homagama.

The first phase of 79 houses is already been completed. "We have also introduced a special bus service only for the housing scheme residents funded by the company," he said.

The company in a bid to introduce an innovative marketing tool for the housing sector would be having 'instant sales'.

"Customers could visit our showroom, select a house from our brochures, pay the money, take keys and occupy the house immediately.

We have built several houses in many places in Colombo and are on the look out for more properties to build," he said.

Aspic has also tied up with an American firm to export fluid tea that could be diluted with either hot or cold water.

"We have designed a special foil under new technology for this purpose and would soon export to Europe as well," he said.

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