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Sri Lanka’s Water’s Edge seeking investor for hotel

Oct 29, 2013 (LBO) - Water's Edge, a hospitality facility coming under Sri Lanka's Urban Development Authority is seeking investors to build a 200 room hotel, an official said.
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He said there was already interest from several investors and one will be chosen to build the hotel.

Water's Edge, which was built as a golf club on state land, but was re-vested in the state by a court order over irregularities in now being run by the UDA.

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It has a clubhouse with banquet hall and facilities for meetings but no rooms.
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It is located in Sri Lanka's administrative capital of Kotte bordering a wetland sanctuary.


UDA chairman Nimal Perera said a 200-room hotel was being planned.

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