The World Capital Centre (WCC) signed a US$ 2 billion investment agreement with the Board Of Investment (BOI) yesterday, for the much hyped and long awaited tallest building in the Asian region and the 9th tallest to be in the world.
The World Capital Centre also known as WCC is a globally renowned chain with its operations spread across the world and will be the centre of multiple trading and service providing establishments, having an astonishing twin tower with modern amenities of 117 floors, gracing a height of 625 metres to be built in the heart of Colombo’s commercial area. It will include 1,200 residential units, 2,000 hotel rooms, 3,000 retail outlets, 5,000 car-parking spaces, the WCC 7-star hotel, 20 luxurious swimming pools, gold presidential suites with gold-plated interiors, world’s fastest double-decker elevators, first Michelin starred restaurant in Sri Lanka, stunning observation deck and a helipad on the topmost floor.
The signing ceremony was represented by the Chairman of BOI - Upul Jayasooriya and the other senior officials of the BOI while WCC was represented by its key figure heads, the Chairman of WCC - Ahmed Moulana, Deputy Chairman of WCC - Vivekanandarajah A. Moorthy, Director of WCC - Dr. Senaka Silva, Director of WCC - Dr. Arosha Fernando, Director of WCC - R. Sadesh Kumar, Director of WCC - Wijendran Balakrishnan, MD of WCC - Imran Saleem, CEO of WCC Media - Shafraz Jalaldeen, and the Secretary of WCC - Waruni V. Ranasinghe.
This proposed building would be the tallest in Asia and the 9th in the world as accepted by the Skyscraper Centre of U.S.A., and will be the largest tower in the world having a total built up area of 800,000 square metres first of its kind in Sri Lanka, which would be an ultimate tribute to Sri Lanka as well as in the Asian economy, expected to be completed by end of year 2022. Sri Lanka being centrally located in South Asia is perfectly poised to be the launch pad for the Capital Centre owing to all the bilateral trade agreements, close ties with the developing nations and the long trade history with the rest of the world.
While many international banks have been operating in Sri Lanka for decades, the ending of the war has seen the expat community blooming together with large multinational companies looking to invest in new businesses or to open up branches. Within the region, Sri Lanka is very easy to do business with and eventually has the potential to become what Dubai is to the Middle East, what London is to Europe, what Singapore is to South-East Asia or what New York is to the Americas.
WCC intends to be the first financial centre to offer an innovative vehicle for investment companies to have their South Asian base here in Sri Lanka giving an extraordinary boost to the economic development of the country.(Mirrorbusiness)
Mandy Saturday, 1 July 2017 13:31
We can boast of another big achievement while the poor and lower middle class looking for a nutritious daily meal and getting a decent school for their kids - only things they aspire to. Schools have no proper facilities, no toilets, not enough teachers (some cases only half the cadre) Sad sad and sadder.
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concern Saturday, 1 July 2017 18:16
Correct.Also pick up the garbage on time to avoid having a sick nation.
Reply : 5 66
ceylon Saturday, 1 July 2017 13:43
is this the design better change this design.this will be world class land mark.maje a beautyfull design for this great tower. via DM Android App
Reply : 38 6
Anja Saturday, 1 July 2017 13:48
MR was making world biggest now RW is making asian biggest we are fed up with via DM Android App
Reply : 18 39
Kumar Saturday, 1 July 2017 13:50
Do not compare Sri Lanka with Dubai,Sri Lanka has thousands of years of rich history whereas Dubai was a desert fishing settlement just 40 years ago.
Reply : 60 29
naradha Saturday, 1 July 2017 16:24
Dubai got out of the "fishing settlement" and became a trading hub within 20 years while, Sri Lanka is still stuck in the dark ages with its thousands of years of rich history!
Reply : 9 119
Dee Saturday, 1 July 2017 21:18
Naradha- can we give our rich history against our heavy debt? If they take it we gladly should. Because our history is nothing!
Reply : 3 32
True Patriot Saturday, 1 July 2017 22:37
Dubai will soon have to go back to exporting Jaadi and dates once the oil in the middle east dries out and as Sri Lanka emerge as a Financial and spiritual centre. A spritual famine prevails in the affluent world or the Spiritual third world.
Reply : 41 11
OMG Sunday, 2 July 2017 14:33
This is the rich history of SL, jealous and hatred. Known nothing but talk big. No result, only farting around.
Reply : 1 22
eddie seneviratne Tuesday, 4 July 2017 18:22
But Sri Lanka today is infested with garbage and Dengue Mosquitoes and is almost a fishing village.
Reply : 0 5
brainmaster Saturday, 1 July 2017 13:57
Good luck via DM Android App
Reply : 5 18
vithura Saturday, 1 July 2017 14:15
Another white elephant that would not make much of a difference to the country's economy.
Reply : 27 39
BBS Saturday, 1 July 2017 14:18
BBS would now have digested the ethnicity of the Chairman, the CEO and the Media head of WCC ! . may be researching on something more potent that petrol bombs !
Reply : 6 42
punchinilame Saturday, 1 July 2017 20:20
Will come up as the 1sttarget of ISIS with ease! SL intelligensia,at BOS is letting down the Country ismy firm opinion.
Reply : 11 4
Jon Doe Saturday, 1 July 2017 15:04
So it'd be called Al Aman World Capital Centre?
Reply : 6 20
adneymims Saturday, 1 July 2017 15:11
This is what we want for our Country. Not racism discrimination on the ground of religion.
Reply : 14 23
environmental issues Saturday, 1 July 2017 16:03
hope our resources are allocated efficiently saving for the future generation via DM Android App
Reply : 0 19
raj Saturday, 1 July 2017 16:46
Why don't you'll use that money to upgrade and start some new hospitals and upgrade schools across Sri Lanka and create some industries that create jobs. .why can't we start projects that actually benefit the people of the country...These high rises don't bring any benefits to the common man
Reply : 31 32
punchinilame Saturday, 1 July 2017 20:24
No, this is not money for SL, but a BOI venture with 10 yr. Tax holiday, whereforeigners can dumptheir monetary assets, despite that this is NOT todaysneed under MS/RWRegime.
Reply : 4 16
Dee Saturday, 1 July 2017 21:16
A property developer to spend his money on roads schools and hospitals? You nuts?
Reply : 1 31
OMG Sunday, 2 July 2017 14:39
SL comments with no basic knowledge to know the difference between a property developer and government. And we call our self high literacy.
Reply : 1 12
nigga Saturday, 1 July 2017 16:51
money laundering in the making... via DM Android App
Reply : 17 31
varunadhar Saturday, 1 July 2017 18:19
Will the GMOA oppose this construction?
Reply : 7 22
Dilan Saturday, 1 July 2017 18:28
What happens if there is a fire? How many floors our CMC fire department ladder could reach?
Reply : 0 33
siva Saturday, 1 July 2017 18:40
Very good thing as long as- no government involvement money ,incentives or Tax Breaks- The public have a long list of economic wants to be fulfilled by the government
Reply : 0 13
Dalu Banda Saturday, 1 July 2017 18:51
It is good to have the highest building. What is the Fire fighting mechanism and rescue facilities ? I mean how to upgrade the Fire Department to meet the Challenges ?
Reply : 0 13
ala Saturday, 1 July 2017 20:02
After the tallest garbage dump to the tallest tower. Not a bad idea!!
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Sambo Saturday, 1 July 2017 20:30
In Sri Lanka we have Asia's biggest that and this and don't forget we have the worlds biggest rouges and cheaters.
Reply : 0 22
Jonson Saturday, 1 July 2017 20:39
A good opportunity to sport clubs in Sri Lanka if any need of funds to uplift your sport clubs activities please request to WCC. via DM Android App
Reply : 5 2
Philip Saturday, 1 July 2017 21:02
Great sales spin. How could a helicopter land on top of this? Michelin does not award stars to restaurants which haven't opened yet. And what are luxurious swimming pools? Will they be filled with French champagne? I will believe it when I see it.
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willows Sunday, 2 July 2017 09:08
Is this is the need of the hour? wake up guys, prioritize your needs?
Reply : 10 8
ANTON Sunday, 2 July 2017 10:16
OK ......... WE'LL NAME IT "TOWER OF POVERTY."
Reply : 5 13
GK Sunday, 2 July 2017 14:47
They are making a big mistake to invest such huge amount in a country like SL. Which is one of the corrupted country with less brain and full of jealous, hatred and lazy people. They will recover the investment faster if they invest in country like dubai. This will be same day dreaming like opening Lamborghini showroom. hik hik
Reply : 8 8
kumara Sunday, 2 July 2017 23:38
sound like some one more jealous, hatred against beautiful sri lanka
Reply : 5 4
little bro Sunday, 2 July 2017 23:53
This is a piece of bogus self promotion -the local equivalent of the fable"The Emperors New Clothes". Oh ,we are we so gullible!Wake up It does not make sense and will never be built.
Reply : 4 6
Lasith Monday, 3 July 2017 07:54
Will CEB capable of giving power to these building that booming up.
Reply : 0 7
Dion Monday, 3 July 2017 13:52
DUBAI AND OTHER MIDDLE EASTERN COUNTRIES DO NOT THROW GARBAGE IN THEIR STREETS!!!!!!!!!!!!!!!!!!!!!!!!!!!
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AZ Monday, 3 July 2017 16:49
Great! Now we can see the garbage dumps around Colombo from Asia's tallest building
Reply : 2 5
Nizam Thursday, 6 July 2017 09:29
Please not in Colombo. Place is over congested whether be Housing, Transport, Jobs, Schools, Drainage what ever it be. Have it is a remote new area where a new city be born.
Reply : 1 0
buns Monday, 4 December 2017 14:55
tallest towers in the world are in asia
Reply : 0 2
buns Monday, 4 December 2017 14:57
whoever wrote this article knows nothing
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