Sri Lanka signs ground-breaking agreement for Asia’s tallest tower

1 July 2017 12:03 am - 3     - {{hitsCtrl.values.hits}}

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BOI Chairman Upul Jayasooriya and other senior officials with WCC  Chairman Ahmed Moulana and delegates

 

 

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.

 

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  Comments - 3

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  • Moosa Saturday, 01 July 2017 04:50 PM

    Hopefully some will come with saying boycott this Hamba project soon.

    sam silva Saturday, 01 July 2017 09:38 AM

    This supposed to be world renowned WCC, is an entire Sri Lankan operation. Who has funds to build this 9th tallest building. Google search takes one to Al Aman group. The Group site also shows two other planned projects in Sri Lanka Aman 101 – Royal Empire 101 floor complex north of Colombo and Aman Royal Island 37 storey complex in Jaffna.The group has no other prior experience is such projects in Sri Lanka or elsewhere. The Group website seem to be incomplete and hurriedly set up.Needs investigating

    Piyal Perera Saturday, 01 July 2017 10:32 PM

    Following on Sam Silva, where is this project located? Strangely no location mentioned? This seem a deal to allocate Government lands to some favored parties.BOI should give details of where the land is located, was the land advertised seeking proposals, how many showed interest and what is the experience and financial standing of this World Capital Centre (WCC) to build such an iconic project.


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