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Sri Lanka to get US800mn tourism project from South Africa: report

Dec 31, 2011 (LBO) - South Africa's Sun City gaming and resort group will invest 800 million dollars in the biggest ever leisure development in Katana, north of the capital Colombo the island, a media report said.
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"Sun City of South Africa is now going to make an 0 million investment in a 200-acre private property," Nalaka Godahewa, head of Sri Lanka's tourism development agency was quoted as saying by Reuters, a news agency.
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Sun City Resorts is run by South Africa's Sun International Ltd.

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Reuters said a group official had declined to comment on the plan until next year.
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Sri Lanka is promoting a tourist city in Katana with incentives for hotels, shopping and a convention centre in the site.

Sri Lanka is expecting 830,000 tourists in 2011 and 950,000 in 2011.

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This year the industry is expecting to earn 850 million dollars.
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Tourism has been booming after the end of 30-year civil war in 2009 and has been attracting large volumes of local and foreign investments.

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