Port City Colombo to help raise non-debt forex inflows for SL By IANS | 0 Views
Aerial photo taken on Sept. 23, 2020 shows a view of the construction site of the Colombo Port City in Colombo, Sri Lanka. (China's CHEC Port City Colombo (Pvt) Ltd./Handout via Xinhua).. Image Source: IANS News Colombo, June 29 : The newly enacted legislative framework for the Port City Colombo project will help raise non-debt foreign exchange inflows for the island nation, Governor of the Central Bank of Sri Lanka (CBSL) W.D. Lakshman said here. Sri Lanka's Parliament on May 20 approved a bill to establish the first service-oriented special economic zone in 269 hectares of land reclaimed from the ocean and annexed to the city of Colombo, reports Xinhua news agency.