Minister of Enterprise Development and Investment Promotion, Dr. Sarath Amunugama visited the Kandy City Centre project.
This commercial centre is a BOI flagship project, which includes an international standard shopping mall and a modern car park.
It will be completed in a few months and will be one of the landmarks in the Kandy City. The project is on a 12-acre land, which was earlier occupied by Walkers.
The Kandy City Centre has been designed to blend in with the local buildings,
combining modernity with the traditional Kandyan style of architecture.
While this was not a formal opening, the unveiling of the board that showed the different stages of the development of the project was an eye-opener to all present of the impact this project will have on the City of Kandy.
The investor, Thusitha Wijayasena who described the various stages of the construction, briefed Dr Amunugama. Thereafter a visit to the Centre followed where Wijayasena showed the Minister and a visiting delegation from the Ministry and the BOI, a model of the completed project.
Dr. Amunugama said that it was the single most important addition to Kandy since the times of the last dynasty of kings who ruled in the city. It was important that there are investors such as Wijayasena willing to take risks to get projects done in spite of many hurdles they face.
“Private sector initiatives often produces results. A project of this nature will encourage travel from Colombo to Kandy and with better roads, the travel time will be reduced.
As Kandy becomes even more attractive and better equipped with modern facilities, the potential for tourism, especially Conventional Tourism will also be greatly enhanced”, he added.
Daily News
Quote:
Property Finance and Investments Kandy (Pvt) Ltd. was formed to formulate and develop a Commercial & Shopping Complex in the heart of Kandy City . The initial construction of the project was commenced in March 2002 and
expected to be completed and in commission by November 2007.:nuts:
KCC
