98 Acres Resort to expand in Ella with USD 5.1M investment deal
Sri Lanka, June 3 -- Sri Lanka's tourism sector is set for a significant boost following a USD 5.1 million investment agreement signed between the Board of Investment of Sri Lanka and the Vella Group to expand the luxury property 98 Acres Resort & Spa in the central highlands of Ella.
The agreement marks a major expansion of the award-winning eco-luxury resort located on a 98-acre tea estate overlooking the scenic landscapes of Ella, including views of Little Adam's Peak.
The development will be carried out over 36 months in two phases and includes the construction of 11 luxury villas, 32 deluxe rooms, a new restaurant and kitchen, and an upgraded wellness and yoga centre. The project is expected to create around 150 direct jobs in the ...
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