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About

Port City Colombo

Port City Colombo is a brand-new city development built as an International ‘Service Oriented’ Special Economic Zone with an initial investment of US$1.4Bn and an expected US$20Bn overall investment when completed. Spanning 269 ha, it is a sea reclamation project next to the existing Colombo Business District (CBD).

The Colombo Port City Economic Commission Act, No. 11 of 2021 was approved by the Government of Sri Lanka in May 2021, with a modern legal framework and attractive regulations focused on ease of doing business.

About

Colombo Port City
Economic Commission

The Colombo Port City Economic Commission (Commission) was established to act as a Single Window Investment facilitator, to assist investors, businesses, and residents to conduct their activities seamlessly and efficiently.

The Colombo Port City Economic Commission is the sole GoSL entity, which is entrusted and authorised, by way of the Colombo Port City Economic Commission Act, No. 11 of 2021, with the administration, regulation and control of, all matters connected with businesses and other operations, in and from the Area of Authority of Port City Colombo - as the Single Window Investment facilitator for the promotion of ease of doing business within Port City Colombo and is responsible for the granting of incentives or exemptions to the investor for the promotion of Businesses of Strategic Importance within the SEZ.

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COMMISSION MEMBERS

The President of Sri Lanka has appointed seven members to the Colombo Port City Economic Commission (CPCEC)

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About

Project Developer

CHEC Port City Colombo (Pvt) Ltd through China Harbour Engineering Company (CHEC) is part of China Communications Construction Company Limited (CCCC). Incorporated in 2006, CCCC is listed on the Hong Kong and Shanghai Stock Exchanges and currently employs over 120,000 employees, with presence in 145 countries and regions. CCCC is the world leader in port design and construction, road and bridge design and construction, dredging, container crane and heavy machinery manufacturing. In addition, CCCC is also vastly experienced in building construction and is a major real estate investor and developer.