Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Friday, 14 January 2011
World's 5th tallest Colombo's Lotus Tower to begin work next month
The final Bill Of Quantities (BOQ) of the proposed Colombo TV tower project is now being finalized.
The Telecommunication Regulatory Commission of Sri Lanka (TRCSL) expects to start construction work of the tower next month.
The 350-metre tower in Peliyagoda will be constructed with an investment of US $ 103 million. This Lotus Tower will be the latest in the country with seven levels, TRCSL Director General Anusha Palpita told Daily News Business.
The tower is scheduled to be completed within 30 months and will be managed by a public company owned by the TRCSL.