Foundation stone to be lay for the constructi​on of the "Colombo Lotus Tower" tomorrow

Sri Lanka Minister of Economic Development Basil Rajapaksa will lay the foundation stone for the construction of the multi-functional Telecommunication Tower and an Entertainment Centre, named as Colombo Lotus Tower at the auspicious time on Friday, January 20.
The proposed Tower will be constructed on a 3.06 hectares plot of land situated between the Eastern Beira Lake and D.R. Wijewardena Mawatha in downtown Colombo.

The 350-meter free-standing tower with a 4-story high podium will be South Asia's tallest tower. The construction of the Lotus Tower is to be completed in 30 months at a cost of US$ 104 .3 million.

The Telecommunication Regulatory Commission of Sri Lanka (TRCSL) will finance and implement the project, with technical assistance obtained from the Faculty of Architecture, University of Moratuwa.

The Tower will provide for Telecommunication and Leisure activities, and will facilitate the relaying of at least 50 separate broadcasting and telecasting services. It will also provide facilities for about 20 service providers in telecommunication.