Thursday Dec 26, 2024
Wednesday, 28 July 2021 00:22 - - {{hitsCtrl.values.hits}}
The Cabinet of Ministers at its meeting on Monday has approved the lease of land owned by the Land Reforms Commission for a leisure project in the Matale District.
The venture is by the Board of Investment-approved Fantasy Land Entertainment Ltd., which, according to the Government, has planned to implement a tourist project inclusive of educational and recreation events targeting local and foreign tourists.
The Government said the proposed project had received the consent of the BOI and the company had requested to obtain a portion of 42 acres, 01 rood and 1.5 perches from the land called Rathwatte belonging to the Land Reforms Commission situated in the Ukuwela Divisional Secretariat in Matale District on a 30-year lease basis for the purpose.
Cabinet approved the move based on a proposal by the Lands Minister.