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Melco Resorts opens Sri Lanka’s first integrated resort

Sri Lanka opened its largest-ever private investment project this week in a partnership with Melco Resorts and Entertainment, unveiling South Asia’s first fully integrated resort in a bid to boost tourism and position Colombo as a “Macau-style” gaming, event, and hospitality hub.

The $1 billion project, City of Dreams Sri Lanka (COD SL), is a joint development by local conglomerate John Keells Holdings and global gaming operator Melco Resorts & Entertainment. It features two hotels, a casino, retail outlets, restaurants, and conference facilities.

“This is the largest private investment in our country’s history,” said Krishan Balendra, chairperson of John Keells Group, at the launch. “It’s not just a development but a destination designed to catalyse economic growth.”

Read more in Macau News Agency

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