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Casino ban fails to deter John Keells' Sri Lanka mixed-development project

The nation's biggest conglomerate is going ahead with US$850m plan
Friday, June 5, 2015 - 05:50
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The Colombo-based group, which is into banking to property and port terminals, is expanding its leisure business to tap rising demand as the US$67 billion economy rebounds after the war ended in 2009.

Colombo

A BAN on casinos by Sri Lanka's new government isn't stopping the nation's biggest conglomerate from pressing ahead with a US$850 million development project as the island rebuilds from a 30-year civil war.

Lenders are fully committed to John Keells Holdings plc's

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