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Deal #3538

Location #1

Spatial accuracy level
Administrative region
Location
Kalpitiya, Sri Lanka

Target country
Sri Lanka
Comment on location
Western Province of Sri Lanka; Ippantivu Island

Intention of investment

Intention of investment
Tourism

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2010] In operation (production)

Leasing fees

Annual leasing fee currency
Euro (€)
Annual leasing fee type
for specified area
Comment on leasing fees
Rs. 14 million for the first five years

Contract #1

Duration of the agreement (in years)
30

Operating company

Name of investment project
Kalpitiya Dutch Bay Resort Development Project

 

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Data source #1

Data source type
Media report
File
Date
2012-10-04

Data source #2

Data source type
Media report
File
Date
2012-04-12

Data source #3

Data source type
Crowdsourcing
File
Date
2011-03-27

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Smallholder agriculture
Other
Comment on former land use
traditional fishing and farming

Former land cover

Former land cover
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
beach

Overall comment

Overall comment
new deal -DONE

Feb. 23, 2017, 3:12 p.m.

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March 23, 2015, 4:27 p.m.

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March 23, 2015, 3:22 p.m.

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March 19, 2015, 11:35 a.m.

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May 13, 2013, 12:14 a.m.

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This version

First version