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Positive investor interest for EOI floated by Colombo Lotus Tower

23 August 2022 07:03 am - 7     - {{hitsCtrl.values.hits}}

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The Chinese-funded Colombo Lotus Tower, which has repeatedly come under much criticism for being non-operational for a long period since completion of its construction, has received positive responses from potential investors to set up ventures, a senior official said. 

Following the expression of interest (EOI) called by Colombo Lotus Tower Management Company from the second week of August, many investment proposals have been received from interested parties across diverse sectors. 

“We published a notice calling for EOI earlier this month and we see many businesses are interested in setting up operations at the tower. Applications have been received for different floors, which we will assess by the beginning of next month,” Colombo Lotus Tower Management Company CEO Major General (Rtd) Prasad Samarasinghe told Mirror Business.

The call for applications will close on August 31. 

Earlier this month, the management company of the tower called for potential investors to explore setting up establishments at the Tower House and Tower Base. 

In the Tower Base, plans are afoot to set up exclusive shops, food courts, photo booths and an exhibition gallery. 

The first and second floors are open for innovation centres, E-sports arena, 9D cinema, digital art museum, office space and special events area. 

The rooftop of the Tower Base will feature restaurants and leisure areas. 

Meanwhile, the Tower House will consist of an observation deck (seventh floor), six luxury rooms (sixth floor), revolving restaurant (fifth floor), banquet hall (fourth floor) and a sky lounge/banquet hall (third floor). 

The tower is also being promoted for photo and video shoots, skydiving, live concerts and bungee jumping.


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  Comments - 7

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  • kurakkanRajapaksha Tuesday, 23 August 2022 09:22 AM

    We are interested in renting this place to host an event by inviting all Rajapaksha family members follwoed by throiwing egg and slippers

    BuffaloaCitizen Tuesday, 23 August 2022 09:23 AM

    Today you say something and tomorrow another. You invite Emirates Mgmt of Sri Lankan and they make it a profitable business, then you kick them and put your own people and destroy the airline. Good investors are always watching your habits and never forget. Those who come to invest are crooks like you waiting to cheat and make deals without any benefit to country and its people.

    Adfdsgjjhgfvhjj Tuesday, 23 August 2022 09:48 AM

    Is lotus Tower fully constructed or is it still under construction? If it is fully constructed then why nobody inside the building. If under construction then who approved the opening ceremony on 2019. Lotus Tower before supposed to be symbol of prosperity is now a symbol of corruption.

    US Citizen Tuesday, 23 August 2022 10:59 AM

    A lotusflower? I always thought it was a artichoke.

    Dev Tuesday, 23 August 2022 04:30 PM

    Same people who criticise this will be the first to hold their children's weddings here. All because their party couldn't start a venture like this.

    Ceylonese Wednesday, 24 August 2022 05:21 AM

    For a foreign tourist arriving from overseas for the first time at the Katunayaka Airport and driving towards the city of Colombo what he sees at a distance is the Lotus Tower and might wonder whether he has landed in Shanghai in China or in Sri Lanka. There's nothing Sri Lankan about the architecture of this tower indicating it is a Chinese colony.

    Robert Wednesday, 24 August 2022 12:03 PM

    And people could view the city from the top through a pink glass, the stupidest decision ever made by the designer and the project implementers.


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