The minister was speaking at the Groundbreaking Ceremony and the Inauguration of the Havelock City Commercial Project, to which he attended as the Chief Guest.
"Ladies and Gentlemen, I can assure you that the property development industry is bound to grow going forward and that it has a huge potential to attract investment to the country," the minister said.
The Havelock City Commercial Development Project, an initiative undertaken by the same developers of the World Trade Center in Colombo, will comprise of an Office Tower providing Grade-A office space and a large shopping mall built to international standards.
A host of distinguished guests including Minister of Megapolis and Western Development - Patali Champika Ranawaka, Minister for Special Projects - Dr. Sarath Amungama, State Minister of National Integration and Reconciliation - A.H.M. Fowzie and Chairman of Overseas Realty Ceylon PLC - S.P. Tao were also present at the ceremony.