Chemanex into tourism

Ramani KANGARAARACHCHI

Chemanex PLC, a member of the CIC Group of Companies and a leader in the manufacturing and exporting of value-added chemicals, has invested Rs 78.12 million in a large scale eco-tourism project, The Rainforest Eco-Lodge at Deniya, in the Sinharaja rain forest border.

This initiative is considered to be one of the most

spectacular projects earmarked to propel Sri Lanka's tourist and hospitality industry firmly back in the limelight.

It also strives to underscore core principles centered on social and environmental sustainability.

Managing Director and CEO Preethi Jayawardena said the company now owns 24.8 percent of the total equity of Rainforest Eco-Lodge and remains the largest shareholder.

Companies such as Jetwing Hotels, Aitken Spence Hotels, John Keells Hotels and MAS are other significant partners.

The project had overcome many obstacles in the past, which delayed implementation.

Jayawardena said the inaugural operations would commence during the coming season, most probably by September this year. The company looks towards building its image as a responsible and profitable corporate giant, both locally and globally.