Home / / Green light from P’ment for other two mega integrated projects

Green light from P’ment for other two mega integrated projects


Comments / 967 Views / Saturday, 26 April 2014 01:20


By Ashwin Hemmathagama Our Lobby Correspondent Gazette notifications on two more mega integrated leisure projects at Justice Akbar Mawatha and D.R. Wijewardena Mawatha proposed by John Keells Holdings (JKH) and businessman Ravi Wijeratne, whose partner is Aussie gaming mogul James Packer, were passed in Parliament yesterday with a majority. With Chief Opposition Whip John Amaratunge seeking a division by name, 112 members voted in favour of JKH’s Waterfront Properties Ltd. Forty-four members voted against the project, including Minister of Technology and Research Patali Champika Ranawaka and MP Ven. Athuraliye Rathana Thero, both representing the Jathika Hela Urumaya, which is part of the ruling coalition. Waterfront’s strategic development project was Gazette Extraordinary 1847/36. The second item on the agenda, Gazette Extraordinary 1847/37 describing Lake Leisure Holdings Ltd. by businessman Ravi Wijeratne, received 109 votes in favour while 44 members stood against. Lake Leisure intends to form a joint venture with Australian casino mogul James Packer and the project ‘Crown Sri Lanka’ has been the most controversial. During the debate, Minister of Economic Development Basil Rajapaksa revealed that the agreement with James Packer has not been signed yet. On Thursday, the first of the gazettes concerning business leader Dhammika Perera’s ‘Queensbury’ integrated resort, also down D.R. Wijewardena Mawatha, was approved in Parliament with 112 MPs voting for, 42 against and 68 absent. The Opposition has been vehemently campaigning against planned casinos in these integrated resorts, though the Government has gone on record saying it has not issued casino licences for the new projects. The UNP proposed amendments to the gazettes clearly specifying the exclusion of any activity in the nature of gaming, gambling and casinos, but those weren’t considered.

 Voting volley!

Project        For    Against Queensbury     112    42 Waterfront    112             44 Lake Leisure    109    44  
 

 JHU explains why it is flashing “Red”

The Jathika Hela Urumaya (JHU) yesterday said it had decided to vote against the three gazette notifications permitting the setting up of a mixed development project and flashed a red light at the Government, which was veering off from its stated principles in creating a national economy. JHU Parliamentarian Athuraliye Rathana Thera said the party was not attempting to topple the Government but was showing it where it was going wrong. “We supported the President to take office in 2005 and 2010 to create a national economy and move towards a better society. But we have our doubts now whether this Government moving towards that objective,” he said.

 

Share This Article


COMMENTS

Today's Columnists

Continuously loss-making Central Bank is no better than SriLankan Airlines

3 May 2016

Central Bank capital depletion is also a landmine under PM’s feet Prime Minister Ranil Wickremesinghe, supported by Senior Minister Sarath Amunugama, castigated SriLankan Airlines in a recent press briefing (available at: http://www.ft.lk/...


Why does a country need a national airline?

3 May 2016

If it is a profitable business As a ‘loss leader’ to the national tourism industry – provided the tourism industry’s profits ‘compensates’ for the national airline’s losses! If intern...


The unilateralism of Tamil nationalism

30 April 2016

As always Tamil nationalism has overreached; acted unilaterally and overplayed its hand. As always this overestimation based on (congenitally?) misplaced arrogance undermines its Sinhala moderate counterparts and negotiating partners.  This...


Of taxation, Inland Revenue and Panama Papers

30 April 2016

Avurudu vacation revelations Court vacation always permits that little bit of extra time to pen something down and the occasion arose when former Dep. Governor of the Central Bank Dr. Wijewardene, Island Editor Shamindra Ferdinando and ...


Columnists More