Regulations on the Colombo Port City’s duty-free shopping complex submitted for cabinet approval amid legal concerns
The Committee on Public Finance (COPF) informed the Secretary to the Ministry of the Investment Promotion to intervene with immediate effect to arrive at a decision regarding a duty-free shopping…
COLOMBO PORT CITY RECEIVED APPROVAL FOR
BUSINESSES OF STRATEGIC IMPORTANCE
The Colombo Port City Economic Commission has achieved a significant milestone in its journey, to transform the Colombo Port City into a globally competitive special economic zone (SEZ). The Parliament…
Investment Insights on Port City and Cinnamon Life Presented to International Audience
With Colombo Port City and Cinnamon Life emerging as Sri Lanka’s most attractive investmentopportunities in the property and leisure sectors, a webinar hosted recently by the Sri Lanka CanadaBusiness Council…
LOLC Group Locks In Leasehold Rights of another Two Land Plots in Colombo Port City for $98M
Browns Investment PLC, the strategic Investment Arm of Ishara Nanayakkara-controlled LOLC Group moves to invest in key leisure and tourism projects of Chinese-backed Colombo Port City (CPC) as it secured…
Delhi-Colombo-Beijing triangle undergoes another shift
By Professor Harsh V Pant Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new…
Advocata Proposes Changes to Colombo Port City Commsion Bill to Maximize Economic Benefits for Sri Lankans
Colombo-based Pro-market Think-Tank, Advocata Institute proposed five key areas for the consideration of Sri Lanka’s Members of Parliament (MPs) in order to maximize the economic benefits of China-backed Colombo Port…
Supreme Court to further consider petitions challenging Colombo Port City Economic Commission Bill tomorrow
The Supreme Court today postponed further consideration of the petitions filed challenging the ‘controversial’ Colombo Port City Economic Commission Bill until 10 am tomorrow (20th). The Bill aims to provide…
Cabinet directs Legal Draftsman to draft the Colombo Ports Commission Bil
The Cabinet of Ministers has approved a proposal instructing the Legal Draftsman to draft the Colombo Ports Commission Bill to place Colombo Port City as a leading investment hub in…
Sri Lanka targets $2.5 B FDI in 2021
Sri Lanka targets $2.5 billion worth of Foreign Direct Investments (FDI) in 2021 backed by committed investments from Chinese firms. “We are targeting at least $2.5 billion in FDI inflows,…