January 26, Colombo (LNW): The Ministry of Urban Development and Housing has announced plans to lease several government-owned buildings in Colombo to the private sector for development purposes. W. S. Satyananda, the Secretary of the Ministry, revealed that this initiative includes prominent structures such as Visum Paya, the Gafoor building, the Tea Museum, and two parcels of land spanning 3 acres in DR Wijewardana Mawatha.
According to Satyananda, agreements with investors have already been finalized for the lease of these properties. Additionally, a government-owned building located in Nuwara Eliya is also included in the list of structures earmarked for leasing.
The objective behind this move is to foster development and effective utilization of these properties, transforming them into viable tourist attractions. The emphasis is on ensuring that the development does not compromise the archaeological and historical values associated with these buildings and lands.
By engaging the private sector in the rejuvenation of these properties, the government aims to enhance tourism and contribute to the overall economic development of the region. This strategic approach aligns with efforts to leverage both public and private resources for the collective benefit of the community and the nation as a whole.
