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UDA to lease Pettah Floating Market to Japan for $160 million
Daily Mirror - Sri Lanka
|November 26, 2025
The investor has already paid US$16 million to the UDA | Plans to modernize shops and the night market at the complex
The Urban Development Authority (UDA) is preparing to lease the Pettah Floating Market Complex to a Japanese investor for US$160 million.
The investor plans to modernize the shops and the night market at the complex, which will be leased in its current condition. Discussions are ongoing about providing compensation to the existing shop owners. The investor has already paid US$16 million to the UDA.
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FLERE HISTORIER FRA Daily Mirror - Sri Lanka
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UDA to lease Pettah Floating Market to Japan for $160 million
The investor has already paid US$16 million to the UDA | Plans to modernize shops and the night market at the complex
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