A Tower in Colombo, standing 350 metres (1,150 ft) above ground level, was far from reality back in 2008. Even expressways were a novelty to the country back then. But now, in 2019, the public look forward eagerly to the grand opening of the tower already visible on the Beira Lake waterfront. The lotusshaped tower will be used for telecommunications, as well as observation and other leisure facilities. Appropriately named the Lotus Tower (Nelum Kuluna in Sinhala and Tamarai Kopuram in Tamil), it is visible throughout Colombo and its suburbs and from most major highways radiating from and around the city. The project is a combined effort, with the involvement of several ministries, in charge of transport, port facilities and urban development, with construction costing USD104.3 million, funded by China’s EXIM Bank.
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OSL THE Investment Magazine is a new monthly business magazine with a difference: it is intended to promote Sri Lanka as an investment destination and to bring investment opportunities to the notice of potential investors.