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Sri Lanka’s second Shangri-La project in Hambantota

Jan 29, 2010 - (LBO) - Sri Lanka's second hotel project by Hong Kong based Shangri-La group will be built in Hambantota in the south of the island, an official of the island's investment promotion agency said.
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Board of Investment (BOI) director Duminda Ariyasinghe said the hotel will be built on private land which the firm is acquiring.

Shangi-La has also acquired state land bordering the capital's main seafront on which it is proposing to build a hotel and shopping complex of around 500 million dollars.

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Treasury secretary P B Jayasundera has said earlier that Shangri-La was planning a 150 room resort on the south coast of Sri Lanka.

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Hambantota is president Mahinda Rajapaksa where industries are planned around a Chinese built port.

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The port has facilities for bunkering.
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A large convention centre is also being built by the Chinese in Hambantota.

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