Japan’s Odakyu Group and its partners Stacia Capital and UDS, has partnered with the TAD Group in Sri Lanka. The Odakyu-TAD partnership brings in an investment of Rs. 4.5 billion with further investment mandates to bolster the Sri Lankan economy with mandates engaging numerous partners in the Property, Energy and Investment sectors in the country.
The Odakyu Group operates as a diversified conglomerate with interests in Transport, Real Estate, Merchandising and Hospitality. One of its most significant ventures is the Odakyu Railway Line.
The line bridging the Tokyo Central Business District (CBD) and Kanagawa alone, facilitates over two million passengers daily. To put that in perspective, Sri Lanka sees an influx of around 2 million visitors to the country, annually. Spread across 44 subsidiaries and generating annual revenues over 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.
Stacia Capital, a global real estate management and consulting firm is another partnership that Odakyu has leveraged upon. This innovative trifecta of partnerships will create a renewed era of growth and leadership in the Sri Lankan economy.
The TAD Group is one of a handful of end-to-end facilitators for FDIs in Sri Lanka.