President reviews progress of Lotus Tower Project

Tuesday, 16 June 2020 01:13 -     - {{hitsCtrl.values.hits}}

  • Keen to draw in local, foreign entrepreneurs for investment opportunities in line with project
  • Tower to be vested with public early next year after resolving all prevailing issues

President Gotabaya Rajapaksa yesterday said that the ‘Nelum Kuluna’ (Lotus Tower) Project should be bestowed with the country after modernising it to the highest possible standard as a productive investment.   

The President instructed the officials to immediately commence the process of apprising the local and foreign entrepreneurs regarding investment opportunities in line with the project. 

These instructions were given at a meeting held with the officials of the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) and the Lotus Tower Project, at the Presidential Secretariat.

President Rajapaksa also said that local and foreign investors should be given the opportunity to open restaurants, shops and recreational facilities in the Lotus Tower premises in parallel to the project, while making room for traditional creations as well. The interior decorations of the premises can be designed and executed with the approval of the investors connected to each project. 

President Rajapaksa stressed the need to provide the opportunity for the general public to view and enjoy the Lotus Tower in a similar manner as foreign tourists do. 

Issues that existed during the implementation of the Lotus Tower project were also discussed in detail. The project is scheduled to be vested with the public by early next year after resolving all prevailing issues.

Secretary to the President P.B. Jayasundera, Principal Advisor to the President Lalith Weeratunga, Defence Ministry Secretary Maj. Gen. (Rtd.) Kamal Gunaratne, Director General of the TRCSL Oshada Senanayake, Chief Project Coordinator of the Lotus Tower Project Maj. Gen. (Rtd.) Prasad Samarasinghe, and officials participated in this meeting.