Maldivian company to invest US$ 3 mn in luxury chalets

19 June 2015 03:33 am - 0 - {{hitsCtrl.values.hits}}

A A A

The Board of Investment of Sri Lanka granted approval to Alpha Kinam Holdings Lanka (Pvt) Ltd to set up a hotel project consisting of 13 Eco type luxury suites and 26 chalets in Matale. The project represents an investment of US$ 3 million.

Nichila Oya Resort and Spa hotel complex will be built on a 15.3 acres land in Matale and is expected to complete the project within a two-year period.
This Maldivian investment will be managed by Mohamed Manik, an entrepreneur with almost 20 years of experience in the tourism and hospitality industry in the Maldives and Sri Lanka.
The whole project is designed to provide tourists with the comforts of modernity while preserving cultural heritage, traditional outlook and a green environment within a radius of 140 Km from the Colombo Airport.

This hotel will have everything including private swimming pools to take tourists away from the hustle and bustle of city life yet retaining all the modern comforts. In addition to catering for the existing markets, it is expected to tap new markets, especially Europe.

The location and the surrounding of the hotel are best suited for an all-in-one tourism package. A few tall trees in the hotel site are being preserved and it is expected to put up a traditional “watch hut” on one of the trees. The land surrounding the project will be developed into a birds’ sanctuary. This hotel will be operated in a fully environmental-friendly manner.

Board of Investment Chairman Upul Jayasuriya signed the agreement on behalf of the BOI and Director Alpha Kinam Holdings Lanka (Pvt) Ltd Muslima Abdul Gayoom signed on behalf of the company.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Maldivian company to invest US$ 3 mn in luxury chalets

Comments - 0

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Two racing drivers arrested over Fox Hill tragedy

SL on alert on possible genocide allegations by Canada

New Visa procedure implemented

Street food vendor arrested for verbally harassing foreigner

Ranil Wickremesinghe caravan moves on despite barking dogs

Uma Oya Development Project inaugurated

MIRROR CRICKET

TODAY'S HEADLINES