Odakyu Group, one of the largest conglomerates, operating in a multitude of mandates in Transport, Real Estate and Retail in Japan together with its consortium partners Stacia Capital, (TAD Group) will invest Rs. 4.5 billion in Sri Lanka.
These investments would be made in Real Estate, Transport, Energy, Retail Merchandising and Hospitality sectors. A super luxury hotel complex too would be build under this investment.
TAD is poised to expand exponentially with the advent of renewed interest in Sri Lanka as a ‘hub’ for investment and development. Securing yet another first, the exclusive partnership with Odakyu is not only the latest in the TAD Group’s efforts to bring in world-class investments to the country but also one of the largest Japanese company to invest in Sri Lanka.
This is the first time that Odakyu Group in its 70 year history, is engaging in a first offshore partnership, in Sri Lanka.
Spread across 44 subsidiaries and generating annual revenues in excess of US$ 4.6 billion, one of the pioneering drivers of Odakyu’s powerhouse success in Japan, lies in its unique model of diversification. UDS, a fully owned subsidiary of the Odakyu Group, is a renowned end-to-end property solutions provider that has mastered the development and fulfillment of star class award-winning properties in South Asia.
The Odakyu Group’s significant ventures is the Odakyu Railway Line. Operating a number of these across Japan, the line bridging the Tokyo Central Business District (CBD) and Kanagawa alone, sees over 2 million passengers daily.
To put that in perspective, Sri Lanka sees an influx of around 2 million visitors to the country, annually.
The TAD Group is one of the handfuls of end-to-end facilitators for FDIs in Sri Lanka.
With ongoing mandates engaging numerous partners in the Property, Energy and Investment sectors in the country.
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