High-rise Mixed Development
Air Force Land at Slave Island
Slave Island
LOCATION
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
Incentives
Location
Incentives
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
Location
Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.