ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has decided to call for the expression of interest from the interested investors to turn 24 unutilized state bungalows and houses into productive manner on a 30-year lease, Cabinet Spokesman Nalinda Jayatissa said. The government intends the identified 24 state properties to be given to investors for embassies, international organizations, diplomatic uses, government and government-affiliated institutions, as well as high-end restaurant and boutique hotels, The move comes after a panel appointed by the government has identified suitable strategy for effective and economical utilization of the bungalows and houses and relevant premises that were…
Sri Lanka calls investment proposals for 24 state properties on 30-yr lease
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