Tilko to set up tourist hotel in Jaffna
The Board of Investment of Sri Lanka granted investment approval for
Tilko Jaffna City Hotels (Private) Limited to establish a modern tourist
hotel in the heart of Jaffna Town. Chairman / Director General Dhammika
Perera signed the agreement on behalf of the BOI and presented the BOI
Certificate of Registration to Managing
BOI, Chairman/Director General Dhammika Perera, presenting the
BOI Certificate of Registration to Tilko Managing Director
Director of the company Thavarajah Thilagaraj.
The project carried out under the Accelerated Development Program for
the Northern Province is for an initial investment of Rs. 80 million.
The company will establish a modern hotel offering a comfortable stay
for guests. The hotel will consist of 33 guest rooms and two cottages to
accommodate group tourists. The hotel will offer facilities such as
restaurant, gymnasium, and conference hall.
The hotel is established in a 340 perch land with an overview of the
lagoon and the beach. Thilagaraj said that the area lacked hotels
offering proper facilities to tourists. Thilagaraj described the hotel
as a luxury hotel targeting the business community, tourists and
The company has already commenced construction of the hotel and
expects to commence commercial operations in February 2010.
"There is so much investment potential in the area and investor
confidence must further be enhanced" said Thilagaraj. Managing Director
of the Company Thavarajah Thilagaraj signed the agreement on behalf of
Tilko Jaffna City Hotels (Private) Limited.