John Keells Holdings (JKH) said on Thursday that it has finalized its funding strategies for the mega waterfront project in Colombo. In a statement to the Colombo Stock Exchange, the company said: “the project company, Waterfront Properties Pvt Ltd, a subsidiary of the company, has finalized a syndicated project development facility amounting to US$395 million with Standard Chartered Bank, thus concluding the required debt financing of the project”.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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