Singapore’s Mustafa to build US$200mn Sri Lanka complex: BOI

ECONOMYNEXT – Singapore’S Mustafa Centre will go head with a 200 million US dollar mixed development project in Sri Lanka, the head of the country’s investment promotion agency said.

Mustafa’s project in Sri Lanka will have a hotel and apartments as well as a shopping complex, Board of Investment Chairman Upul Jayasuriya said.

The complex will come up in the Kotahena area of Sri Lanka’s capital Colombo.

The project was originally announced around 2011 but it did not go ahead.

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