11 July 2024 02:33 am Views - 1325
The Cabinet of Ministers yesterday gave the greenlight to designate 13 more entities as businesses of strategic importance, under the provisions of Colombo Port City Economic Commission Act No.11 of 2021.
The decision aims to extend the proposed exemptions and incentives to the businesses from the acts specified under Schedule II.
The entities approved for the designation are as follows:
(1) Horizon Group USA Global LLC,
(2) Satguru Travel and Tourism LLC,
(3) Pagero Lanka Software Engineering (Pvt.) Ltd,
(4) KPMG Professional Services (Private) Ltd,
(5) Hexaware Technologies SL (Private) Ltd,
(6) Creative Software (Pvt.) Ltd,
(7) Remediumone Global Private Limited,
(8) GTN Group Holding Limited,
(9) IPD Colombo (Private) Limited,
(10) Bistec Solutions (Private) Ltd,
(11) Port City Duty Free (Pvt.) Ltd,
(12) China Duty Free (Lanka) (Pvt.) Ltd and
(13) ODF Pte Ltd.