Press briefing of Cabinet Decision taken on 2022-10-10

Granting a block of land belonging to the Urban Development Authority on long term lease basis to implement a Rest House Development Project

- A proposal has been made to allocate the land located at No.09, Karaitivu Road, Jaffna, belonging to the Urban Development Authority to M/s Grand Mountain Hotel (Pvt.) Ltd., on a 30 year lease basis, to implement a rest house development project. Accordingly, the proposal made by the Minister of Urban Development and Housing to grant the said land to M/s Grand Mountain Hotel (Pvt.) Ltd., on a 30 year lease basis to implement a rest house development project, subject to the relevant conditions, was approved by the Cabinet.