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Colombo Port City – Projecting SL as newest commercial landscape in Asia

Veemansa Initiative, an independent think tank recently held a Webinar on the proposed Colombo Port City Economic Commission Bill and related subjects. Based on the deliberations at the webinar and the follow-up analysis, it was evident that the Colombo Port City Project, a 100% foreign investment venture plans to attract a diverse group of secondary investors. A prime target of the project is the financial sector in order to project Sri Lanka as an internationally competitive Financial Centre. In this regard, the establishment of regional headquarters of international banking giants and other financial sector enterprises is expected to be realized in the initial stages.

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