Funds allocated for Hambantota to be used for Hyatt Colombo
The Government has decided to utilise the funds allocated for the proposed Hyatt Regency in Hambantota to complete the construction of the Grand Hyatt Colombo Hotel. A sum of Rs. 18.5 billion was invested by the Sri Lanka Insurance Corporation, the Employees Provident Fund and Litro Gas Lanka Ltd in the equity of Canwill Holdings (Pvt) Ltd for the...