Packer expresses confidence

30 October 2013 03:09 am Views - 3986

Crown group Chairman James Packer said he was hopeful the group's proposal for a resort in Sri Lanka could proceed and Parliament will soon debate the final regulatory allowing the project to proceed, Australia’s Business Spectator reported.

Crown Sri Lanka would be a five-star resort with 450 rooms and suites, restaurants, entertainment offerings, conferencing and event spaces, gaming areas and retail outlets.

Mr Packer said Sri Lanka's economy would benefit from the project and Colombo residents would gain 2500 jobs and world-class hospitality training.

"We remain in final negotiations with the Sri Lankan government and local authorities and are hopeful that the Sri Lankan Parliament will soon debate the final regulatory and tax framework allowing the project to proceed," he added.