Marina Square
layout building activities started on Monday, 11 May. General Manager Buddhika
Gunarathne said, "Building activities will begin with a smaller workforce
and will gradually increase to the maximum operating capacity based on the
advice of the authorities concerned."
He further stated that all building activities will begin under strict
adherence to all the protocols and procedures recommended by the health and
other authorities and that all the necessary approvals were granted for
construction work to start on the development of Marina Square.
Representing the
Marina Square project's main contractor, Zhou Yong, said, "China Harbor
Engineering Company (CHEC), being a leading construction company, has the
resources, knowledge, experience, and expertise to start operations and advance
to full capacity as authorised by the authorities. The supply chain may take a
bit longer to stabilise.”
Access
Engineering PLC MD Christopher Joshua said, "Current and future customers
will be pleased to know that we have taken this time to focus on ways to
upgrade the standard area amenities that are provided to you and to schedule
construction activities to begin. We are reviewing the options open to us
strategically to complete the Marina Square project as expected or with the
least delay."
Marketing
Director Shivanka De Zoysa said, "The design and development team spent a
lot of time focusing on ways of developing and enhancing the features and
facilities available to Marina Square condo owners. As a result, we added two
squash courts, two additional function halls, a table tennis lounge, a snooker
lounge, an indoor play area for children, a bigger clubhouse, and a coffee bar
to the already comprehensive list of common element features included."
Marina Square – Uptown Colombo is a fully
unified mixed development with three internationally renowned industry giants establishing
Sri Lanka's first and largest port front, Access Engineering PLC, China Harbor
Engineering Firm, and Mustafa Singapore. This complex of multi-view luxury
condominiums provides a view of all the surrounding scenery from the skyline of
Colombo city to the vast Indian Ocean to the burgeoning Port City. It will be a
spectacle of its own in Colombo North that will consist of 1,068 condos across
36 floors across five buildings. The advantages of vertical living are also
unparalleled with its architecture designed to meet every modern homeowner's
needs with a selection of facilities that guarantee a trouble-free lifestyle
over a five-acre expanse.
OSL Take: The
recommencement of construction work of several large mixed development projects
in Sri Lanka is indicative of the returning to the normalcy of the country's
economy following the COVID 19 global pandemic. The government of Sri Lanka has
already discussed the recommencement of the temporarily stalled development
agenda. Sri Lanka's economic activities and resumption of development work
indicate an opening up of business/investment opportunities to the discerning
foreign investor in search of the best options.
No comments:
Post a Comment