A ban on casinos by Sri Lanka’s new government isn’t stopping the nation’s biggest conglomerate from pressing ahead with a $850 million development project as the island rebuilds from a 30-year civil war.
Lenders are fully committed to John Keells Holdings Plc.’s Waterfront Properties mixed development project in Colombo though the absence of a casino may take some sheen off it and dent revenue, Chairman Susantha Ratnayake said in an interview.
(Source: Ada Derana)
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