Government seeks investors for lands in Colombo, Kataragama

• CNL Reporter
• April 9, 2025
• Investment
• Kataragama
• 0 Comments

Sri Lanka’s government is looking to lease land belonging to the Urban Development Authority in Colombo and Kataragama on a long term basis, Minister Nalinda Jayatissa said.

The government was looking for suitable investors for the disposal of land on long-term leases for “the implementation of land development projects,” Jayatissa told reporters.The following lands are up for grabs he said:

– 3 blocks of land in Sella Kataragama measuring 42.03 perches, 20.28 perches and 20.72 perches respectively, on the basis of long term lease of 50 years.

– Dematagoda (537 watte) land measuring 3 acres – 2 roods – 24.59 perches on long term lease basis of 99 years.