Mawilmada to head Sri Lanka Megapolis investments


May 04, 2016 (LBO) – Nayana Mawilmada has joined Sri Lanka’s Western Region Megapolis Planning Project (WRMPP) as head of investments, leaving his role as director general of the Urban Development Authority.

Aside from continuing to lead some of the planning efforts, Mawilmada will function as the primary interface between the Megapolis project and potential investors both local and international.

He will also spearhead efforts to finalize and launch the critical investments envisioned in the plan, a statement said.

The Megapolis Project is the flagship project of the current government aimed at a fundamental transformation of the country’s Western region.

“Nayana has been part of the team since its inception and has been one of the primary thought leaders in formulating the Megapolis plan,” said Ajita de Costa, Chairman of WRMPP.

“We are excited about him joining the WRMPP team on a full time basis as we launch into the next phase of activity and gear up for investor engagement and implementation.”

In addition to his new role at Megapolis, Mawilmada will also serve as an Urban Development Policy Advisor to the Ministry of Megapolis and Western Development.

Mawilmada has extensive international experience in planning, facilitating, and managing large scale urban development, real estate and infrastructure projects across 15 countries.

His experience ranges from advising the Parliament of East Timor to leading numerous urban sector investments for the Asian Development Bank throughout Asia.

Mawilmada served as Director General of UDA since February 2015, and has relinquished his position in order to take on this new role.

Prior to joining UDA, Mawilmada was the managing director at York Street Partners (Pvt) Ltd, a boutique investment bank based in Colombo, and TMS Company (Pvt.) Ltd., a development focused consulting firm.

His academic training includes an MBA from Harvard Business School, a Master of City Planning from Massachusetts Institute of Technology, and a Bachelor of Architecture from Hampton University in the USA.