Jetwing-MMBL spearhead northern revival with Rs. 1 b hotel

Sunday 3 April was a landmark for the historic city of Jaffna, as well as for Sri Lanka tourism. In the wake of cool breeze blowing across the nearby Jaffna Lagoon, President Maithripala Sirisena declared open Jetwing Jaffna, a 55-room star class hotel that has changed the skyline of Jaffna.

Following the grand opening, President Sirisena said that he was happy to take part in the ceremonial occasion, as the hotel project demonstrated the investor confidence on the Northern Province in general and Jaffna Peninsula in particular, as well as resilience of the people in the peninsula.

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He was accompanied by Minister of Tourism Development and Christian Affairs John Amaratunga, Minister of Provincial Councils and Local Government Faiszer Musthapha, State Minister of Finance Lakshman Yapa Abeywardhana and MMBL-Pathfinder Group of Companies Founder Milinda Moragoda. Among others who graced the occasion were Governor of the Northern Province Reginald Cooray, MP Wijayakala Maheswaran and Jaffna Divisional Secretary K. Ganesh.

The state-of-the-art Jetwing Jaffna with its 55 standard and family rooms will be a welcome addition to Jaffna, which is displaying its vibrancy and taking commendable strides to regain it’s former glory as the capital of Tamil culture. The hotel, consisting of eight floors and a basement, boasts of an air-conditioned restaurant on its second level that could accommodate over 100 guests and a rooftop sky lounge from where guests could have a bird’s eye view of the fast developing city, from the Kilali Lagoon in the east to the islands in the west and host of other buildings of religious and cultural significance.

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Jetwing Jaffna stands tall in the heart of the city on the Clock Tower Road and will provide comfortable and modern accommodation facilities to visitors to the northern peninsula. In addition to accommodation for visitors, the hotel is also designed to provide banquet and meeting facilities to satisfy the needs of the local population as well as visitors to Jaffna.

Marshaling investment of over Rs. 1 billion for Jaffna is a commendable achievement by the Jetwing Hotels, MMBL-Pathfinder Group, Regency Teas and several others, who had placed their confidence in the project. Among the institutional investors is Leon Holdings, headed by a Sri Lankan expatriate hailing from Jaffna, who is a partner of a successful business venture in Europe. The project has also succeeded in providing employment for over 80 youths from Jaffna, who were provided with training in hospitality industry by Jetwing Hotels.

It has been a long and arduous journey for Yarl Hotels Ltd. to witness the successful culmination of the project. The land on which the hotel was constructed had been purchased in 1975 by late Deshamanya N.U. Jayawardena, the first Sri Lankan Governor of the Central Bank and entrepreneur, who realised the potential of Jaffna over 40 years ago. Jetwing Hotels and MMBL-Pathfinder Group took the policy decision to go ahead with the project in July 2010 and former Prime Minister D.M. Jayaratne laid the foundation stone for the hotel in February 2012. It took four years for the project to come to fruition, overcoming numerous obstacles.

Speaking at the event Amaratunga said that there were others interested in investing in Jaffna and that the Ministry of Tourism Development was planning to open a hotel school in the peninsula. Jetwing Hotels Chairman Hiran Cooray and Governor Reginald Cooray invited the Tamil Diaspora to return to Sri Lanka and make use of the investment opportunities in the Northern Province. The Jetwing Hotels Chairman highlighted that it was a long and a difficult journey to realise the dream of having a Jetwing operated hotel in Jaffna.

“Despite initial difficulties we faced, I was convinced that Jaffna was ready for a modern hotel and youth in the peninsula would be eager to choose hospitality industry as a career option,” said Cooray.

See more at: FT

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