Sri Lanka JKH gets US$445 mln loan for waterfront project

(EconomyNext) – Sri Lankan conglomerate John Keells Holdings said it has struck a deal with Standard Chartered Bank for a syndicated loan of 445 million US dollars to build its Waterfront high-rise property project.

The project, to be done under a subsidiary Waterfront Properties (Private) Limited, includes a casino, hotel, retail arcade, conference centres, and commercial office space and residential apartments.

Construction work has already started on the project on freehold land at Glennie Street in Colombo.
 

Latest Comments

Your email address will not be published. Required fields are marked *