|Gotabaya says billions from three hotel developers will be used for security forces headquarters|
| A Chinese aircraft manufacturing company will be the second of three successful bidders for star class hotels to be built on the area around the Galle Face Green to be vacated by the Ministry of Defence and Army Headquarters, Defence Secretary Gotabaya Rajapaksa told the Sunday Times.|
This follows the sale of a six-acre property to build a multifunction complex comprising a classy hotel and a shopping mall, adjoining another six-acre property where the Shangri-La hotel chain is putting up a hotel complex.
Mr. Rajapaksa said the money raised from the sale of these properties would go largely to fund the construction of a state-of-the-art headquarters for the three military services, the Army, the Navy and the Air Force and the Ministry of Defence at Mattegoda.
(Source: Sunday Times)