Jaffna gets 15 storeyed hotel
The rapidly developing Northern Province following the defeat of
terrorism has become a springboard for local and foreign investors
seeking investment opportunities in Sri Lanka. Construction of a
70-room, 15 storeyed star class hotel in the heart of Jaffna will be
launched tomorrow.
Mercantile Merchant Bank Ltd, and the Jetwing Group through an
equally-owned joint venture will invest Rs. 700 million on this hotel
project.
The hotel Yarl Jetwing will be constructed near the Old Clock Tower
Road, in Jaffna.Designed by Design Group 5, the hotel will have a roof
top swimming pool and a Presidential Suite and the construction work is
to be completed within 18 months.
The location of the hotel will be adjacent to the Rs. 500 million new
shopping and entertainment complex being built by Cargills (Ceylon) Plc.
Courtesy-news.lk |