High-rise Mixed Development

Air Force Land at Slave Island

Slave Island


5 Acres

Land Extent

USD 2500 Mn

Minimum Investment

Project Overview

Located at the heart of the Colombo Business District and considering its prime location and access to ColomboPort City, Colombo Port, Beira Lake Intervention Project, LRT Project, the potential of mixed development is greater.

The project value is estimated at USD 2,500Mn

The project is expected to commence in  2022

Project/Ownership Structure

Project company can facilitate potential partnerships with interested parties locally and internationally and it is offered on a 99-year lease

Project incentives:

Government Tax Concessions
Speedy approval process with the assistance of the UDA
Readily available basic infrastructure to the site
Government assured land tenure security

Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.