The Cabinet of Ministers has approved leasing several under-utilised Presidential residences to private investors on a long-term basis for tourism development projects.

Cabinet Spokesperson Dr. Nalinda Jayatissa stated that the properties are located in Bentota, Kataragama, Mahiyangana, Embilipitiya and Anuradhapura.

The move aims to utilise state-owned properties for tourism development through long-term private investment.