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Monday, August 23, 2010

Auromatrix Holdings plans to set up resort in Passekudah, Sri Lanka

By HBI Staff | Mumbai

Chennai-based Auromatrix Holdings Pvt Ltd, a technical, management and marketing consultant for various hotel developers in India, plans to set up a resort at Passekudah, Sri Lanka. This is its first project outside India. It has set up Auro Lanka Hotels & Resorts Pvt Ltd (ALHP) to implement the project. Auro Lanka hopes to capitalise on the growth in the tourism and hospitality sector in the island nation, by investing in projects in Passekudah, Kuchchaveli, Trincomalee and Kalpatiya.

According to a report in Business Line, at Passekudah, the company will develop a 50-villa boutique resort in the first phase with an investment of USD 4.5 million. Passekudah will be a beach resort with individual and clusters of two and four villas. The company has identified a six-acre property in line with the Master Plan of Sri Lanka Tourism Development Authority (SLTDA).

Preparatory work for Passekudah has started with the project targeted for completion by December 2011. Architects Co-Partnership, Colombo, an architectural firm in Sri Lanka, has been appointed for this project.

SOURCE - www.hospitalitybizindia.com