The 60 mangrove boutique chalets will located within inland water bodies and the 20 two-storey villas along the lagoon.
Both will be managed by Six Senses under the name Six Senses Hideaway at Dutch Bay
Six Senses is not investing money in the project and will be the management company.
De Silva said the project has been planned since 2005 with the land bought from private owners, research and concept planning done and an environmental impact assessment also done and to be made available for public scrutiny soon.
De Silva declined to say how much the investors, who have put in 36 million dollars, had paid for the land.
The project will include a spa, floating restaurants and a helipad.
Patrick De Groot, chief development officer of Dutch Bay Resorts, said Dutch Bay first came to his attention in 2007, when he was scouting for luxury resort and hotel opportunities for Dubai-based Jumeirah Group.
But the war prevented investment at the time, he said.
De Sil