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BOI, Sino Lanka sign USD 5 mn agreement for mixed development project
~Project to commence operations in early 2023
The Board of Investment (BOI) of Sri Lanka has entered into an agreement with Sino Lanka Group for its latest development – Sino Lanka Properties Pvt. Ltd., for a mixed development project at Rajagiriya. The agreement was signed by Board Members Dr. Harsha Cabral and Sanjay Kulatunga on behalf of the BOI and Dhiren Kundanmal, Director of Sino Lanka.
The following is the text of the statement issued by the BOI: “The USD 5.6 mn, 40,000 sq. ft building will house five floors of usable space consisting three floors of commercial and co-working space and two floors dedicated to hotel accommodation. The property will also include a rooftop restaurant and cafe, serving both in house and external guests. The proposed rooftop restaurant and cafe will be the first of its kind in Rajagiriya, which is anticipated to be a much-needed recreational space, given the recent urbanization of the city.
The development is the culmination of many years of experience in the property development and hospitality sectors in Sri Lanka with Sino Lanka Group actively operating in these areas through their investments in OZO Colombo, Kandy & Amari Galle. With over 250,000 commuters passing by the property daily en-route to Colombo, it will provide alternate working options closer to home, instead of traveling to the city, as it is aimed at providing operating capacity for any business to set up as a satellite office or head office. It will also be equipped with the latest technology to enable seamless integration and communication so that occupants can plug and play their devices or expand their operations. Each floor will be decked with bio metric security and the latest fire and health safety protection devices available. The co-working space will host up to 80 workstations including private offices, meeting rooms, shared desks and common areas.
The proposed hotel will be an upscale city hotel with 20 rooms and four spacious suites, catering to individuals, groups, business travelers and long-stay guests who prefer to stay away from the center of Colombo yet would still need to be located close to the capital.
Sino Lanka Pvt. Ltd, a family-owned enterprise headquartered in Sri Lanka is involved in multiple ventures including investments in hospitality, education, renewable energy and property development in Sri Lanka.”
Latest News
Landslide RED warnings issued to the Divisional Secretaries Divisions of Ududumbara, Nildadndahinna and Walapane
The landslide early warning center of the National Building Research Organisation [NBRO] has issued RED warnings to the districts of Kandy and Nuwara Eliya for the next 24 hours effective from 0900 hrs today [09th January].
Accordingly,
LEVEL III RED landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Ududumbara in the Kandy district, and Nildandahinna and Walapane in the Nuwara Eliya district.
LEVEL II AMBER landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Wilgamuwa in the Matale district, and Mathurata and Hanguranketha in the Nuwara Eliya district.
LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Uva Paranagama, Welimada, Kandaketiya, Badulla, Meegahakiwula, Hali_Ela, Passara and Lunugala in the Badulla district, Minipe in the Kandy district, Ambanganga Korale, Ukuwela, Rattota, Naula and Laggala_Pallegama in the Matale district, and Nuwara Eliya in the Nuwara Eliya district.
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A Policy is being formulated to ensure Child Protection in the use of Technology — Prime Minister
Prime Minister Dr. Harini Amarasuriya stated that a policy is currently being formulated to ensure child protection in the use of technology.
The Prime Minister made this statement on Thursday (08) in Kandy while briefing the Most Venerable Mahanayake Theros of the Asgiriya and Malwathu Chapters on the issue that has arisen regarding the Grade 6 English module. Thereafter, printed copies of all modules were presented to the Mahanayake Theros.
Earlier on Thursday (08), the Prime Minister visited the Malwathu Viharaya in Kandy and met the Most Venerable Thibbatuwawe Sri Siddhartha Sumangala Nayaka Thero, the Mahanayake of the Malwathu Chapter, where she explained the error that had occurred in the first print run of the English module for Grade 6 .
The Mahanayake Theros emphasized that education is a sensitive subject and that such matters should be handled with greater sensitivity and proper oversight. They further advised that a formal investigation should be conducted and that education reforms should be carried forward in a systematic manner.
Subsequently, the Prime Minister visited the Asgiriya Maha Viharaya and met the Most Venerable Warakagoda Sri Gnanarathana Mahanayaka Thero of the Asgiriya Chapter, where she clarified the error related to the English module.
The Mahanayake Thero noted that education reforms are a timely necessity and should be implemented with due oversight and careful review and also pointed out that there are broader issues in Sri Lanka regarding the use of technology, which are evident in the manner in which modern tools such as AI technologies are being used on social media.
Clarifying the issue Prime Minister Dr. Harini Amarasuriya further stated,
“We have appointed a committee to look into this issue, and based on the recommendations of the National Institute of Education (NIE), steps were taken to remove the relevant lesson. In addition, all printed copies of the relevant module have been stamped, and no module has been distributed to schoolchildren. A formal investigation into this matter has been initiated by the Ministry, and a complaint has also been lodged with the Criminal Investigation Department.
At the same time, we are in the process of formulating a policy on child protection in the use of technology”.
Thereafter, addressing the media and responding to the’ questions raised by journalists, the Prime Minister stated:
“The Opposition is attempting to use this national task for their own political advantage. However, many in society have expressed their views on the issues that have arisen in a positive manner, with the objective of identifying and correcting mistakes. The government has decided to move forward with education reforms by recognizing the error that have occurred and rectifying them. We will take the no-confidence motion brought by the Opposition as an opportunity to further advance dialogue on education reforms”
The occasion was graced by the Most Venerable Anunayaka Thero of the Asgiriya Chapter, Venerable Narampanawe Ananda Nayaka Thero; Deputy Registrar of the Asgiriya Chapter, Venerable Muruddeniye Dhammarakkhita Thero; Deputy Registrar of the Malwathu Chapter, Venerable Mahawela Rathanapala Thero; Members of Parliament Thushari Jayasinghe and Thanura Dissanayake; Mayor of Kandy Chandrasiri Wijenayake; Secretary to the Ministry of Education Nalaka Kaluwewa; and Secretary to the Ceylon Teachers’ Union in Central Province D. D. Wimalaweera.

[Prime Minister’s Media Division]
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The deep depression to the South-east of Sri Lanka is likely to intensify in to a cyclonic storm during the next 24 hours
A RED warning for a deep depression to the South-east of Sri Lanka has been issued at 01.00 a.m. on 09 January 2026 for the period until 01.00 a.m. 10 January 2026 by the Natural Hazards Early Warning Centre, of the Department of Meteorology.
The deep depression in the Bay of Bengal to the southeast of Sri Lanka (At 01:00 a.m. on Jan 9th, 2026 located about 200 km East of Pottuvil) is very likely to intensify further and move west-northwestwards towards the coast of Sri Lanka between Pottuvil and Trincomalee in the evening today (9th January 2026.) The system is likely to intensify in to a cyclonic storm
during the next 24 hours.
Hence, showery, and windy condition over the island, particularly in the Northern, North-Central, Eastern, Uva and Central provinces is expected to enhance.
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