Land to be vested with TRC for the Lotus Tower Project

(UTV | COLOMBO) – A Cabinet Paper to transfer four acres, three roads and 24.47 perches in the proximity of the Lotus Tower project that belongs to the Urban Development Authority to the Sri Lanka Telecommunication Regulatory Commission has been approved.

The Cabinet stated the construction activities of the Lotus Tower Project is nearing completion while the TRC is planning commercialization and monitoring activities.

It was noted that development activities such as construction of a modern water park near Beira Lake in order to attract local and foreign tourists, the installation of food stalls, offices, accommodation and infrastructure facilities for staff expected to be engaged in the service of the tower, further extension of the existing car park must be carried out for the convenience of staff relevant to the tower operational activities.

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