Nov 05, 2017

Qatar to invest in Colombo’s Grand Hyatt? Featured

A team of investors from Qatar has expressed a desire to invest in two hotel projects, including Grand Hyatt in Colombo, reports say.

Touring the island recently, they also showed interest in a beach resort.

The team comprising Qatar’s economic and commerce minister Ahmed Bin Jassim Al Thani and the CEO of Qatar Airways held talks early this week with prime minister Ranil Wickremesinghe and other government figures.

Prior to that, they visited the Dedigoda and Akurala tourism areas.

They also looked into the possibility of investing in power and energy and agriculture.