CURRENT AFFAIRS

Detailed explanation-1: -Sri Lanka unveiled South Asia’s tallest tower, costing over $100 million, 80% of which has been funded by China under the controversial Belt and Road Initiative (BRI). The 350-metre-tall 17-storey Lotus Tower is located in the heart of Colombo city.

Detailed explanation-2: -COLOMBO (News 1st); The Lotus Tower in Colombo, the tallest in South Asia, will be opened to the public today (15). The 350-metre (1,155-feet) Lotus Tower, green and purple in colour, visible from all over Sri Lanka’s capital Colombo and on Thursday (15), the first phase of the opening will take place.

Detailed explanation-3: -The CEO of the newly-formed Colombo Lotus Tower Management Company Maj. General (retired) Prasad Samarasinghe said that the bulk of this revenue would come from entertainment ventures.

Detailed explanation-4: -Sri Lanka recently unveiled a South Asia’s tallest tower built under the Belt and Road Initiative (BRI). The tower, funded 80% by China, costs over USD 100 million. The tower stands 350-metre-tall and is 17-storeyed, called the Lotus Tower.