Sri Lanka, Jan. 27 -- The Cabinet has approved the invitation of investment proposals through an international competitive procurement process for a tourist attraction project on land adjacent to Gregory Lake in Nuwara Eliya.

The 10 acres, 3 roods, and 28.04 perches of land, owned by the Urban Development Authority (UDA) and located along the Dun Bypass Road, will be allocated to a suitable investor for a 50-year period to implement a project offering recreational activities aimed at attracting foreign tourists.

A special committee appointed by the Cabinet to recommend suitable development activities for the currently unused UDA lands recommended this project. Following their recommendation, the government has decided to proceed with th...