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Message: <blockquote data-quote="monson" data-source="post: 21097491" data-attributes="member: 30005">Shangri-Le ekata meha idama India walata thamai 99-year deela thiyenne - ITC Colombo One <img src="/styles/default/xenforo/smilies/default/lol.gif"  class="smilie" loading="lazy" alt=":lol:" title="LOL    :lol:" data-shortname=":lol:" />The Board of Investment (BOI) signed an agreement with Kolkata-based ITC for a mixed development project opposite the Galle Face Green....Ironically, the BOI venture with ITC was also signed on the same day - May 4 - when the Indian company representatives committed to make payment of US$73.5 million as the lease premium to the BOI for the 99-year lease. This sum of money was then transferred to the Treasury, an official said.ITC is the Indian Tobacco Company with diversified interests ranging from Cigarettes, Hotels, Paperboards and Specialty Papers, Packaging, Agri-Business, Packaged Foods and Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products. Its hotel business comprises over 100 owned and managed properties spread across India that started with its own hotel chain ITC-Welcomgroup Hotel Chola.Sunday May 13, 2012- <a href="http://www.sundaytimes.lk/120513/BusinessTimes/bt02.html" target="_blank">http://www.sundaytimes.lk/120513/BusinessTimes/bt02.html</a></blockquote>

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