Govt to lease out Jaffna Presidential Palace to SLIIT

Date:

Colombo (LNW): The authorities have opted to rent out the Jaffna Presidential Palace site, initiated during the 2011-2015 period, to the Sri Lanka Institute of Information Technology (SLIIT).

This resolution emerged from talks led by President’s Chief of Staff and Advisor on National Security Sagala Rathnayaka.

Located in Kankesanthurai, this 29-acre complex includes 12 acres of structures.

The initial phase involves leasing these 12 acres to SLIIT, and the subsequent 17 acres, previously acquired from local residents, will also be rented to SLIIT, ensuring revenue generation for the community.

Presently, the Sri Lanka Navy oversees this land, but SLIIT will assume control after formalising the lease agreement.

Share post:

spot_imgspot_img

Popular

More like this
Related

Nasheed Calls For Help Sri Lanka IMF Obligations

Nasheed Calls For Help Sri Lanka IMF Obligations

How Sunil Handunnetti Became a Political Joke

How Sunil Handunnetti Became a Political Joke

Sony International Issues Cease and Desist Notice on Sri Lankan Broadcaster

Sony International Issues Cease and Desist Notice on Sri Lankan Broadcaster

The State Banks: Is Financial Gain the Only Requirement?

The State Banks: Is Financial gain the only requirement?