11th November 2022, Colombo: The US$ 400 million+ ITC One Colombo project welcomed H.E. Gopal Baglay, High Commissioner of India to Sri Lanka, at ITC’s iconic project at the Galle Face known as ITC One Colombo. The High Commissioner was apprised of the progress of the development by the project team in the presence of Mr. Nakul Anand, Executive Director ITC Ltd. and Chairman WelcomHotels Lanka (Private) Limited., and Mr. Anil Chadha, Divisional Chief Executive ITC’s Hotels. This landmark project is being developed by WelcomHotels Lanka, a wholly owned subsidiary of ITC Limited, one of India’s foremost private sector companies with interests in FMCG, Hotels, Paperboards and Packaging, Agri Business, and IT.
The development comprises the majestic 50 storey Sapphire Residences tower and the adjacent 30 storey five-star ITC Hotel, with both towers connected at the 19th to 21st level by the spectacular Ahasa One Sky Bridge. It blends contemporary architecture, sustainability centric design, cutting-edge technology, and meticulous craftsmanship, to create a truly unique development.
During the visit, His Excellency was introduced to various facets of the development, including some of its most innovative features, several of which are firsts in Sri Lanka such as the Ahasa One Sky Bridge, the rooftop Helipad, and the state-of-the-art energy efficient and superior design features.
“Despite well-known challenges, I am pleased to see the impressive progress that has been achieved so far. The attention to detail and the use of latest technology is evident even at this stage. It is easy to envisage that this project will soon turn into an iconic landmark that sets new standards in this sector in Sri Lanka,” commented High Commissioner Gopal Baglay. “India is keen to encourage investment-based growth in Sri Lanka that is sustainable and mutually beneficial in the long run. This project is another instance of the faith and conviction shown by Indian investors in the strength and resilience of Sri Lankan economy.”
With regard to sustainability, ITC Hotels is globally renowned for pioneering the concept of ‘Responsible Luxury’ in its super-premium luxury hotels, all of which are LEED® Platinum rated, making it the greenest luxury hotel chain in the world. Sapphire Residences aligns with this approach and has already achieved the prestigious LEED BD+C (core shell & development) pre-certification at the highest Platinum level. The ITC Hotel is also designed to achieve LEED platinum certification on completion.
Subi George, Managing Director of WelcomHotels Lanka, observed, “Although Sri Lanka has faced numerous challenges in recent times, we have remained totally committed to our investment. Indeed, my team and I are proud of the remarkable progress with the project and, on behalf of the company, I would like to convey my appreciation to the Indian High Commissioner and his team for visiting us today. In addition, I would like to thank the Sri Lankan authorities who have given us a lot of support through these challenging times, helping us to keep the project moving forward. I look forward to their continuing support as we all work tirelessly to complete the project.”
The project is on course for completion by 3rd quarter of 2023.
For further information visit sapphireresidences.lk.