From left: SilverNeedle Hospitality Singapore Senior Vice President Development, Property Lucas Shannon handing over the agreement to Sanken Construction (Pvt.) Ltd Managing Director Major Ranjith Gunatilleke


A US $ 100 million contract has been awarded to Sanken Construction (Pvt.) Ltd for the much-anticipated construction of the Colombo City Centre, a joint venture project between the Abans group and SilverNeedle Hospitality of Singapore. 

“After a lengthy and rigorous evaluation process with numerous reputable bidders, we are delighted to award this project to Sanken Construction. We look forward to working with them on this signature project that will redefine lifestyle retail, hotel and residential living in Sri Lanka and be the iconic landmark in the heart of Colombo city,” stated Joint Venture Chairman and SilverNeedle Hospitality CEO Anand Nadathur.

Abans Group of Companies Chairperson Aban Pestonjee expressed, “The Abans group together with SilverNeedle Hospitality are immensely pleased to award the mixed development project namely, Colombo City Centre to Sanken Construction following an extensive evaluation procedure. The primary aim for building this iconic landmark is to enhance the image of Colombo by establishing the ultimate outlet for entertainment, shopping, lifestyle, luxury living and much more.” 

“We are very excited and proud to be associated with the Colombo City Centre project and are fully committed to meeting the completion date of mid-2018 and to building the highest quality construction for this iconic landmark,” said Sanken Constructions Chairman Mahen Weerasekera. 

Sanken construction (Pvt.) Ltd is one of the most experienced and credible construction companies in Sri Lanka with building experience of more than 30 years spanning from Sri Lanka to the Maldives to Africa, India and Australia. 

Completed projects in Sri Lanka of Sanken Construction (Pvt.) Ltd include the Show Room and Service building of Toyota Lanka, The House of Fashion, HNB Towers, the headquarters of Hatton National Bank, to name a few.

The Colombo City Centre is a 47-storey mixed use lifestyle centre at the heart of Colombo. The first four levels of the centre will consist of 210,000 square feet of retail mall complemented with an eclectic mix of local and international brand shopping options and a modern take on 
community dining.

The 196-room Next Hotel, the flagship brand of SilverNeedle Hospitality, will occupy floors nine to 20. ‘Designed to make your time count’ Next Hotels empower guests with choice, flexibility and control while combining space, technology and service. 

The upper levels of the Colombo City Centre will offer 178 high-end residential units where the residents will enjoy exclusive club amenities and use of the sky terrace located on level 43 commanding unforgettable panoramic views of the Indian Ocean.