Following the enactment of Colombo Port City Economic Commission Bill, which is expected before end of this month, the government expects to advertise internationally to select members for the high-powered seven-member Economic Commission, a top government official said.

President’s Secretary Dr. P.B. Jayasundara yesterday told a webinar that members of the proposed Commission would be selected through an open application process, which would be advertised internationally. 

“The Commission will be independent in conducting of their operations. The Commission will have a Chairman and a Board of Directors with international reputations and we will be advertising internationally to seek required personals for this landmark project. I hope this legislation will place Sri Lanka on the global map as the most attractive investment destination in Asia,” he added.

The proposed Commission is expected to facilitate investments to the Colombo Port City (CPC) acting as a one-stop investment center for investors, while bringing in much-needed certainty for investors.

In addition, it would also take over the promotion of CPC via a consistent and coherent marketing strategy.