TRC has been successful in obtaining a loan from EXIM Bank of China to finance the construction and completion of the Colombo Lotus Tower which has a total building area of 26998m2. The tower is considered as an iconic city symbol of Colombo, and will be the tallest in South Asia.
The Director General of the TRC Mr. Anusha Palpita signed the Buyer’s Credit Loan Agreement with Mr. Zhu Hongjie, Vice President of the EXIM Bank of China, at a ceremonial gathering in the Presidential Secretariat on the 17th September 2012 in the presence of Mr. Lalith Weeratunga, Secretary to the President and Chairman, TRCSL. This signing ceremony was witnessed by H E the President of Democratic Socialist Republic of Sri Lanka and the Chairman and Party Secretary of the Standing Committee of the National People’s Congress of China Mr. Wu Bangguo.
Colombo Lotus Tower will facilitate co-location of FM broadcasting, TV transmission, Microwave communication Hub at a central point. Besides, it is equipped with various recreational ad entertainment facilities such as catering & entertainment in a revolving restaurant, shopping, display & exhibition, meetings, banquets, sightseeing and tourism, as well as accommodation.
TRCSL is proud to be the first Sri Lankan corporate body to receive a loan grant of this nature, from the EXIM Bank of China.