Port City invites local and global biz to explore unique investment opportunities

Port City Colombo, Sri Lanka’s brand-new reclaimed land, slated as the ‘Gateway to South Asia’, has now officially become the country’s first service oriented Special Economic Zone (SEZ). 

The Sri Lankan Parliament, yesterday (20th), adopted a powerful Bill enabling a giant step in Port City Colombo becoming a pivotal global financial and services hub for South Asia. 

The Act is expected to provide a stable policy environment backed by efficient administrative processes coupled with globally competitive incentives.

CHEC Port City Colombo, the project company’s Managing Director Jiang Houliang in a statement welcomed the timely and strategic decision taken by the Sri Lankan government in enacting the Colombo Port City Economic Commission Bill. 

The project company invites local and foreign investors to connect with the company’s marketing team and explore the unique investment opportunities now available at Port City Colombo and to be a part of South Asia’s city of the future.

As per the new law, Port City Colombo will be an international business and multi-services Special Economic Zone with operations in any recognised foreign currency. 

On the sideline to the Port City law enactment, Port City Colombo launched its awareness campaign ‘Loku Ratak’ locally and is also planning its global launch campaign within the year. However, plans remain fluid due to the global COVID-19 pandemic.