JKH and Sanken receive BOI status for city biz hotel

JKH and Sanken yesterday signed an agreement with the Board of Investment to construct a brand new state of the art 25 storey, 240 room business hotel in Green Path, Colombo with an investment of Rs. 3 billion. While construction work has already begun on the project, the hotel is scheduled to commence commercial operations by mid-2014.

Here BOI Chairman M.M.C. Ferdinando (left) exchanges the agreement signed with JKH Deputy Chairman Ajit Gunewardene. Sanken Lanka Chairman Mahen Weerasekera, JKH President Property Group Suresh Rajendra and Senior Vice President Shuaib Deen look on