Baili Investments gets land for Sri Lanka property project

ECONOMYNEXT – Baili Investments Lanka (Pvt) Ltd, will get state land for a mixed development project in Rajagiriya for a mixed development project, the state information office said.

The land will be given on a 99-year lease.

The property is facing Buthgamuwa Road and Parliament Road in Rajagiriya.

A cabinet appointed procurement committee had recommended the award of 2 acres and 3 roods of land to the firm for a mixed development project.

The project comes under Sri Lanka’s Megapolis and Western Development Ministry. (Colombo/Oct05/2019)