Colombos only entertainment complex is heading for a wet look, as its new owners make Rs. 1.5 billion investment plans for its future.
Apparel giant Excel Global Holdings paid Rs. 100 mn to Link Holdings Limited and the Union Bank for full control of Millennium Park this week.rn
rnUnder a first phase development plan, Excel will pour in Rs. 400 million over 15 months to put in a water park, a multiplex cinema, simulation rides, shops, restaurants and improvements to existing facilities. rn
rnldblquote The water park complete with adventure rides, slides, wave pools and bumper boats will be the main attraction, but the whole park will standout for its numerous activities concentrated in one place,
dblquote CEO of Millennium Development (Pvt) Ltd., Ravi Wijenathan told Lanka Business Online. rn
rnldblquote It will be transformed to create a playground in the heart of Colombo for locals and tourist looking for entertainment for the whole family. Through out the development Millennium Park will be