Colombo City and Subs Garbage going to be Solid Waste to Puttalam

For the first time in Sri Lanka history, the Sri Lanka Railways (SLR) will transport garbage as part of a solid-waste disposal project in which garbage will be collected from Colombo City and the suburbs. The garbage will be disposed at a site in Aruakkalu in Puttalam under a newly formulated Municipal Solid Waste Disposal System.

Government was looking forward this project as environmentally acceptable and economically feasible solid waste management project for some time to dispose the solid waste collected in the Colombo City and the suburbs such as Nugegoda, Kaduwela, Moratuwa, Ratmalana, Mt. Lavinia, Ja-Ela and Kolonnawa.

At present 700 metric tons of solid waste is collected in Colombo each day while 1,200 metric tons are collected from other urbanized local authorities.

Casino contributes Rs. 500 Million as a Tax Revenue to the Government

The Deputy Minister of Finance and Planning, Sarath Amunugama stated in Parliament that Casinos are one of the tax revenue generating sources in Srilankan Economy, where the Casino industry is approximately contribute Rs. 500 Million for government revenue as taxes.

And the Minister stated that the government had earned revenue of Rs 1,400 million by way of taxes from four casinos in the country from last 6 years.

According to the information provided by the Deputy Minister, a casino was required to pay Rs 50 million per year, in taxes, to the government. However, this was increased to Rs 100 million from the beginning of 2013.

It was also revealed that a fifth casino was established in the country in 2013. As a result, the government would thereby earn total of Rs.500 million through the taxation of those five casinos.

Floating market, latest attraction in Colombo

The construction of the floating market at Bastian Mawatha, which is part of the Colombo City Development Project, implemented by the Urban Development Authority is complete.

Thousands of people including foreigners visiting Colombo can buy products at this market where 92 stalls have been set up to sell local products.

This floating market also targets foreign tourists interested in purchasing local products. Vendors who operate in the area adjacent to the market without any facilities will have stalls at this market.

A restaurant where food is served has also been set up with modern public facilities. The public can enjoy food here with a breathtaking view of the Beira lake in a lush and green environment.

The area adjacent to the market complex has modem sanitary facilities and a vehicle parking area. This part of the Beira Lake was earlier covered with unauthorised constructions.

The floating market project is implemented as a part of the Colombo City Development Project by the Urban Development Authority on the directive of Defence and Urban Development Ministry Secretary Gotabhaya Rajapaksa.

The construction was carried out by the Sri Lanka Army and the Navy. The construction activities were carried out under the supervision of UDA Chairman Nimal Perera and Director General Harshan De Silva and Additional Director General Brigadier Samantha Jayasundera. Chartered Architect Thushari Kariya-wasam is in charge of the overall designing and the management of the project.

A floating market on the Beira, Colombo

The first ever floating market in the county is to be declared open soon, the Urban development Authority (UDA) said.

The market situated in Pettah is being constructed on the Bara Lake adjacent to Bastian Mawatha in Pettah.

The UDA had earlier plumed to open the market before the Sinhala & Tamil New Year but numerous requests mate by vendors asking more time to resettle had delayed the market from opening.

In response to the vendors’ request the UDA had directed that more time be given to vendors to continue business as a relocating process immediately before the New Yea may adversely  affect their businesses.

Selected vendors from the Olcott Mawatha in Pettah would be relocated in the market that would have 92 shops of which 78 would be allocated to local businessmen and remainder to exclusive brands.

A high end restaurant is also being established in the waters, previously media reports on the market stated that priority would be given to leather, brass, musical items, hand bags, shoes and also fruits and fancy item. When allocating shops in the market, the timber decks and bridges have been built to facilitate trading.

Shangri-La Increases Investment to US$ 450 Million

The Shangri-La hotel chain, which will be initiating Sri Lanka’s first seven star hotel, has revised its plan of construction and has decided to increase their investment to US $450 million, excluding the cost of the land and along with an increase of rooms from the initial 500 to 625. The hotel is to be built on 10 acres of land overlooking the Galle Face Green.

The land was initially bought in 2010 with a price tag of US $ 125 million and the approval for the construction was received in the same year. With the increase of rooms and a newer plan already paving the way for the new building, the deadline has also gone up, with hopes for the project to see completion in 2017, though the preliminary plan was to finish the project in 2015.

The proposal for the new project has already been approved and the tax concessions will remain the same. With the project seeing fruition, the Electricity Board (CEB) will also have to shift one of their high-tension cables which is getting in the way of the construction and therefore, there are discussions underway between the relevant authorities with regard to this.

Shangri-Ia Colombo will comprise of a sushi bar, steakhouse, seafood market and Irish pub, specialty restaurants with Indian, Islamic, Szechuan and Macanese cuisines, a Sky lounge, meeting facilities, a swimming pool, spa and tennis courts.

In addition to this, Shangri-La’s Hambantota Resort and Spa, which is also in the pipeline, is set to include an 18-hole golf course and is set to offer 315 rooms, including 24 suites. Hambantota Resort and Spa will also comprise of a Sanctuary.

Shangri-La Hotels and Resorts is a Hong Kong based company and five star properties are located across Asia, the Middle East, North America, Oceania and Europe. The first hotel of the group was the Shangri-La Hotel Singapore and this opened in 1971.

The chain is the largest Asian-based luxury hotel group in the region and is regarded as one of the world’s finest hotel management companies.


350 metres Lotus Tower on progress to be the tallest in Lanka

The Lotus Tower that Is being constructed down D.R. Wijewardene Mawatha has reached a height of 50 metres now.

The telecommunication regulatory official stated that feasibility studies for the second, phase of the project are ongoing with the finalisations to structural drawings. It will take another one or two months for the feasibility studies to be completed. Once that is done, the papers will be submitted to the Cabinet for approval.

The second phase of the project will have a massive car park and shopping mall and is being designed by the University of Moratuwa.

The first phase of the project that the ongoing construction is being funded by a loan obtained from a Chinese bank.

With communication towers, museums, food courts and administrative offices, the tower would be a communication hub for both public and private sectors. The Lotus Tower will stand 350 metres in height and will be the tallest building in the country once completed.