Prison Resort Project
Bogambara-Kandy
Kandy
LOCATION
7 Acres
Land Extent
USD 40 Mn
Minimum Investment
Project Overview
Kandy is both an administrative and religious city and is also the capital of the Central Province. The city is picturesque and is set on a plateau surrounded by mountains and possess a large repository of resources, potential for urban development. The property is set to transform into a prison museum hotel to offer visitors a look into living conditions of former prisoners, while the cells would be converted into modern, comfortable rooms with all basic amenities.
The estimated investment value is USD 40Mn
Project is to commence in 2022
Main access would be from Keppetipola Road and is in close proximity to educational institutes, cultural landmarks, financial centers and major transportation facilities.
Readily available water, electricity, sewer and wastewater lines etc
Project/Ownership Structure
Project company can facilitate potential partnerships with interested parties locally and internationally and it is offered on a 30-year lease
Project incentives:
Geographical Location: Located in the hill country with rich heritage, is a popular destination for both local and foreign tourists.