Foundation laid for Rs 700 M hotel project in Jaffna
Prime Minister D.M Jayaratne and the Minister of Economic Development Basil Rajapaksa laid the foundation Stone for Jetwing Yarl hotel in Jaffna on Friday
The Rs 700 million project is a joint venture between Mercantile Merchant Bank Ltd, and the Jetwing Group. Jetwing Yarl hotel is to be constructed on a 46 perch land area on the Old Clock Tower Road, in Jaffna. The star class hotel will have 76 rooms, 14 storied, roof top swimming pool, Presidential Suite. According to the project estimation the construction work is to be completed within 18 months.
This hotel will create employment for youth in the area in addition to boosting income and business opportunities to the self-employed, micro enterprises and farmers.
Douglas Devananda, Minister of Traditional Industries and Small Enterprise Development, Major General G. A. Chandrasiri, Governor of the Northern Province, Mr. Milinda Moragoda, Mr. Ruwan Samarasinghe, Managing Director, Jetwing Hotels and Ms. Shiromal Cooray, Managing Director of Jetwing Travels (Pvt) Limited also participated on this occasion.
Source: Ministry of Defence

Latest Headlines in Sri Lanka
- Sri Lanka’s economy rebounds strongly, but poverty remains a major concern – World Bank April 23, 2025
- Defence Secretary inspects security and welfare measures at Dalada exposition in Kandy April 23, 2025
- Local councils were breeding grounds for corruption – PM Harini April 23, 2025
- Dan Priyasad succumbs to injuries hours after the shooting April 23, 2025
- Dan Priyasad injured in shooting April 22, 2025
Why no helipad on the roof especially when you have a presidental suite? This would enable the maharajathuma to escape in case of a resurgence of the LTTE.