Spanish investor to build hotel resort at Yala

From left: BOI Board Member Dr. Nihal Samarappuli, Board Member and Acting Chairman Anil Amarasuriya and Putus Brother’s Sustainable Developments Directors Narcis Clavell and Jagath Wickramage

• Expresses confidence in and support for Sri Lanka

The Board of Investment of Sri Lanka (BOI) signed an agreement with Putus Brother’s Sustainable Developments Ltd. to build, construct and operate a 15-cabana hotel project in Palatupana, Yala.

The agreement was signed on behalf of the BOI by Board Member and Acting Chairman Anil Amarasuriya and Board Member Dr. Nihal Samarappuli and Putus Brother’s Directors Narcis Clavell and Jagath Wickramage.

The total value of the project is $ 1.6 million. The project will consist of 43 luxury cabanas in Yala. Clavell and his partner Wickramage stated that “initially 15 of these cabanas, which could be considered four-star luxury, would be built. All cabanas would have an individual swimming pool and also a sea view”.  

The investor also stated that the project was built taking into consideration all eco-friendly and sustainability norms.   Clavell who is from Barcelona, Spain, also expressed very strong support and confidence in Sri Lanka.  “I would like to encourage all investors and any other visitor to the Island and tell them that Sri Lanka is indeed a wonderful opportunity for investors worldwide. It is important that this positive message is sent out, so that the true potential of the country is well known to all. I am therefore very confident that Sri Lanka with its open business culture and investor friendly agencies such as BOI, will do well.  The recent problems are in my view temporary and in the long term the country will emerge as an attractive hub for tourism and investment,” said Clavell.