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'Jetwing Yarl' at Jaffna gets under way

Investment Rs 700 million:

The foundation stone laying ceremony of Jetwing Yarl hotel at Jaffna was held with the participation of Prime Minister D.M Jayaratne along with Economic Development Minister Basil Rajapaksa, last week.


Prime Minister D.M.Jayaratne and Economic Development Minister Basil Rajapaksa laying the foundation stone

Mercantile Merchant Bank Ltd, and the Jetwing Group through an equally owned joint venture will invest Rs. 700 million on this hotel project.

Jetwing Yarl hotel is to be constructed on a 46 perch land area on the Old Clock Tower Road, in Jaffna.

The 14 storied star class hotel will have 76 rooms, roof top swimming pool and a Presidential Suite and the construction work is to be completed within 18 months.

This hotel will create employment for youth in the area in addition to boosting income and business opportunities to the self-employed, micro enterprises and farmers.

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