Monday, 23 January 2012

Qatar interested in host of investments

Qatar Holdings, the investment arm of the Qatar Investment Authority of the Government of Qatar (which is Qatar's sovereign wealth fund) together with Qatari Diar Real Estate Investment Company, their real estate arm, are interested in a host of investments ranging from building villas in Kalpitiya, real estate development, to horticulture and highways, according to officials.

"They are also interested in the Colombo Commercial Property (CCP) at Sir James Peiris Mawatha, and a host of sites in the South for hotel projects,” according to the official. This also includes building five hotels.“They are especially interested in securing in the Kalpitiya Tourism Zone (KTZ) some large islands. They want to build five resorts in the North-West and the East coasts," an External Affairs Ministry official told the Sunday Times. He said that the preparatory team ahead of Sheikh Hamad bin Khalifa al-Thani, Emir of Qatar’s visit last Sunday, had visited Kalpitiya, and also inspected lands in Colombo for real estate development and a mega mall complex.

(Source: Sunday Times)

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