Funding sources to replicate the success of Elephant Corridor in the midst of a tea plantation are now being finalised.
Elephant Corridor officials are working out investment options with a select group of Sri Lankan investors who are interested in the project. rn
rnDevelopers estimate the 24 suite Leopard Mountain project in the midst of the Bogawantalawa Plantation will cost over Rs. 300 mn.rn
rnBogawantalawa Estate officials told Lanka Business Online that the management had in principal agreed to allocate land for the project, and is now pending Board approval. rn
rnThe Leopard Mountain project will be developed on the same lines as the Elephant Corridor Hotel that commence operations earlier this year, targeted at the high spending tourist. rn
rnOfficials expect the project to start later this year, with construction taking up to two years after that. rn
rnElephant Corridor officials say the hotel was becoming very popular with local and overseas tourists and expect Leopard Mountain to r