Shangri La Breaks Ground For 661Room Hotel In Colombo

Basil Rajapaksa, Minister of Economic Development participated as chief guest at the Foundation Stone Laying ceremony to Shangri-La luxury hotel complex in Colombo, Sri Lanka  on 24^th February 2012.  

Hong Kong-based Shangri-La Hotels and Resorts, one of the world's most respected hotel companies, currently owns and/or manages 72 hotels under the Shangri-La and Traders brands, with a rooms inventory of over 30,000. Over almost four decades the group has established its brand hallmark of 'hospitality from the heart'. The group has a substantial development pipeline with projects in Austria, Canada, mainland China, India, Macau, Malaysia, Philippines, Mongolia,Russia,Qatar,Sri Lanka,Turkey,and UnitedKingdom.
 

Shangri-La Asia Limited will invest 408 US$ million on this hotel project.  The star class hotel will have 661 rooms, 30 storied and the construction work is to be completed in 2015.
 

Shangri-La is also planning to construct it's second hotel in Hambantota to open in 2013, on approximately 115 acres of land with a 315 rooms with a  investment of 120 US$ million.
 

 Lakshman yapa Abewardhana, Deputy Minister of Economic Development, Mr. Kuok Khoon Ean, Chairman - Shangri-La Asia, Mr. George Yong-Boon Yeo, Vice Chairman of Kerry Group , Mr. Kuok Meng Xiong, Associate Director - Finance, Shangri-La Asia, Mr.  Madhu Ramachandra Rao, Executive Director, Shangri-La, Asia, Mr.  Sajad Mawzoon, Director - Shangri-La Hotels Lanka (Pvt) Ltd and Shangri-La Investments Lanka (Pvt) Ltd and Mr. A.J.A Muzammil,  Mayer for Colombo Municipal council also graced in this occasion.

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