There's a newer version of this deal. Click here to show the latest version.

Deal #3538

Location #1

Spatial accuracy level
Exact location
Location
Ippantivu, Sri Lanka

Latitude
8.3299065
Longitude
79.80515949999995
Target country
Sri Lanka
Comment on location
Western Province of Sri Lanka; Ippantivu Island

Land area

Size under contract (leased or purchased area, in ha)
[2010] 121

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] Startup phase (no production)
Comment on implementation status
Reports from 2011 state that work on the island has begun.

Leasing fees

Annual leasing fee currency
Sri Lanka Rupee (₨)
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

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

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

Data source #4

Data source type
Media report
File
Date
2011-02-06

Data source #5

Data source type
Government sources
File
Date
2015-03-19

Displacement of people

Comment on displacement of people
One source reports displacement of fighermen.

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

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

overwritten

Show this version

Compare with previous version

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

overwritten

Show this version

Compare with previous version

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

overwritten

This version

Compare with previous version

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

overwritten

Show this version

Compare with previous version

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

overwritten

Show this version

First version