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Government-Owned Buildings in Colombo to be Leased to Private Sector for Development

The Ministry of Urban Development and Housing has announced plans to lease several government-owned buildings in Colombo, including Visum Paya, to the private sector for immediate development under lease agreements.

According to Secretary W. S. Satyananda, the Gafoor building, the Tea Museum, and two parcels of land spanning 3 acres located in DR Wijewardana Mawatha are also slated for leasing.

Satyananda further disclosed that agreements with investors have been finalized for this purpose. Additionally, a government-owned building in Nuwara Eliya is among those earmarked for lease.

These buildings and lands are earmarked for development to enhance tourism attractions effectively. Satyananda assured that the leasing arrangements will not compromise the archaeological significance of the sites.

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