Thursday, 23rd October 2014

Business Editor: 0094 11 242 9221 / E mail: business@dailynews.lk

Business

The AVIC International Holding Corporation (AVIC International) has invested over US $ 250 million in its first project in Sri Lanka, Astoria. President, AVIC, Sri Lanka branch, Liu Hong Guang speaking to ‘Daily News Business’ said the piling for the project would commence in five months and Astoria would be ready in five years. With a housing capacity for more than 2,000 individuals, the project will consist of four towers with a total of 39 floors, which will feature 602 luxury apartments. Here some visit
The AVIC International Holding Corporation (AVIC International) has invested over US $ 250 million in its first project in Sri Lanka, Astoria. President, AVIC, Sri Lanka branch, Liu Hong Guang speaking to ‘Daily News Business’ said the piling for the project would commence in five months and Astoria would be ready in five years. With a housing capacity for more than 2,000 individuals, the project will consist of four towers with a total of 39 floors, which will feature 602 luxury apartments. Here some visitors admiring a replica of the property. Picture by Saliya Rupasinghe
Minister Bathiudeen, Michael Delaney (Assistant US Trade Representative for Central and South Asia) Vidyani Hettigoda (Director-Hettigoda Group, and the Leader of the WC IC Delegation) US Officials with the WC IC delegation
In the aftermath of the successful Lanka-US trade talks and biz forums in Colombo last week, the on-going bilateral engagement between the two countries received yet another boost on October 17, as the powerful American trade emissary for South Asia himself called for the setting up of first SL-US Business Council in Colombo. “As far I know there is no SL-US Business Chamber. Frankly, there should be,” said an excited Michael Delaney (Assistant US Trade Representative for Central and South Asia) on October 17 in Colombo. US Representative Delaney was addressing the eager delegation of Sri...