Competitive AdvantageCompetitive Edge Under article 157 of the country’s constitution, no force of law and no legislative, executive, or administrative action can be taken to contravene the provisions of a bilateral investment agreement except on grounds of national security.

2. Competitive Advantage
Competitive Edge
25 year
Tax
holiday
100%
Repatriation
Of Profit
Preferred
Location for
Doing Business
Preferred
Location for
Investment
Gateway to
India
Strategically
important
Economic
Center
The
Commercial
Hub for South
Asia

3. LOCATION – Railway Land in Colombo 10

4. Part of Colombo Plan

5. Taprobane Business Centre - The Logic
Under article 157 of the country’s
constitution, no force of law and no
legislative, executive, or administrative
action can be taken to contravene the
provisions of a bilateral investment
agreement except on grounds of national
security.

6. Taprobane
Business Center
& Financial Hub
Most Modern
Technology
Streamlined
Procedures
Dependable
Utility Services
Stable Political
Environment
Efficient Legal
& Regulatory
Regime
Skilled
Workers
Convertible
Currency
Free flow of
Capital

7. Abundance of Green Spaces

8. Land
Utilization

10. Environment Friendly City
 Eco solutions for transportation, buildings, recycling and waste reduction
programs.
 LEED standards for buildings - cut energy usage by 31% and water usage by
22%.
 Recycle as many organic materials as possible.
 City will have extensive bike routes.
 Outdoor green recreation spaces that crisscross the entire "city" to reduce
carbon footprint.
 Street lights with light emitting diodes (LEDs) to lower usage of electricity
 Several hundred power hookups for electric cars recharging
 Solar panels on buildings for renewable energy for the entire area.
 Open storm water run-off system, to collect rain water in ponds in public
spaces and through open channels to the sea.
 Roofs designed to slow storm water runoff and decrease the heat island
effect.
 Highest level of environmental certification from LEED, BREEAM and
DGNB.

11. Nowehere else in the
World !
The only such land parcel of contiguous 30 acres
In a investment frontier.

12. Positive Hedging
Opportunity on fast
escalating land values
THE EQUATION
MARKET VALUE
US$ 38,500/ perch or
US$ 7 m/acre (4046
sqm )
Land given on a 99 year
lease guaranteed by the
Govt.
The land value equated
to cost of the Transport
Towers – US$ 125.42 m.
Add the
CNEB service
and
management
charges
Plus the
prorated cost
of
Infrastructure
Total value
prorated to
each parcel of
land.

13. BUILT
SPACES

14. Built – up Areas & Cost
Business Center and
Financial Hub
15 Towers / 520,880 sqm
US $ 625.0 m
US $149.8 m
Hotels and service
Apartments 3 towers
Tower 1 - 35,160 sqm 22 /F
Tower 2 - 35,040 sqm 22/F
floors
Tower 3 - 53,662 sqm 22 /F
US $ 79.2
m
US$
m
125.4
Residential accommodation
in 2 Towers
Tower 1 -36,596 sqm in 30 floors
Tower 2 – 36851 sqm in 30 floors
US $ 88.1 m
Offices in
shopping area
21,000 sqm
Mega shopping
mall
in 21,000 sqm
US $ 25.2 m

15. Area Rentals (USD / sq. ft/year
Key industries targeted include financial
services (banks, insurance, fund managers,
brokerage firms, financial sector
regulators); BPO/IT sector; education sector
PWC 2012)

16. Project structuring to be carried out
through suitable investment vehicles to
maximise investor interest, fast track
development and manage stakeholder
risk and returns

17. Key operating characteristics: Residential
Assumption
Value
Saleable area
80.0%
Rate
Inflation
Sale price
3040,000
8.0%
3,406
Service charge
382
Service Charge
33
Overheads
Development
cost
Payback period
Project IRR
10.0%
1,292
Na
18.0%
Sale price comparison
Unit
LKR/SQF
USD/SQM
LKR/SQF
USD/SQM
Of service charge revenue
USD/SQM/Y1
Financed by pre sales

18. Key operating characteristics: Hotel
Assumption
Number of
rooms
Room Rate
Inflation
Built-up area
Value
Unit
400
100
USD
8.0%
36,000
Saleable space
80%
Saleable space
28,800
Average room
size
Occupancy
72
SQM
Development
Cost
Payback back
period
Project IRR
80%
2,583
11
10.9
Of BUA
SQM
Financed by pre sales
USD/SQM (Y1)
years
%

19. Key operating characteristics: Office
Assumption
Value
Unit
Rental Income
20
USD/SQM
Service Charge
6
USD/SQM
Inflation
Built-up area
8.0%
556,889
Saleable space
70%
Saleable space
389,822
Occupancy
Development
Cost
Payback back
period
Project IRR
SQM
Of BUA
SQM
70%
775
15
16.0%
USD/SQM (Y1)
years

20. Employment Benefits
Development
Residencies
Hotel Apt
 Hotel
Hotel Offices
Shopping
Shop offices
Business premises
Total
Sourcev: Drivers Jonas Deloitte
FAR Area
60,203
57,541
500 rooms
23,000
16,750
16,750
409,745
Employment
365
140
400
1,840
558
1340
32,780
37,423