02 January 2012
Sri Lanka will today sign an agreement to build the tallest tower in South Asia.
The Lotus Tower Building will be 350 metres tall and situated in the heart of Colombo. The tower will provide ‘facilities for 50 television services, 50 broadcasting services and ten telecommunication providers’.
It will be 11 storeys high and a revolving restaurant will take up the fourth floor.
Construction will be managed by a government-owned company, run by the Telecommunication Regulatory Commission.
The proposed tower will be financed by Chinese state-owned Exim Bank, which will provide a $100 million loan.
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