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Port City to lay basis for ‘financial district unique in South Asia’

"In addition to developing small business sectors of the economy, we are planning to transform Colombo into a megapolis. If hopefully the Port City project gets underway, where I think there will be some landfills shortly, it could have the making of

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SL contemplates standby agreement with IMF-PM

“Hopefully if the Port City projects gets underway; there will be some sort of landfill there ; that could have the makings of a special financial and business district which will be a unique one in South Asia,” Wickremesinghe added.

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Sri Lanka’s Prime Minister shows green light for port city after long haul back

Sri Lanka’s Prime Minister Ranil Wickremesinghe today said the country plans to have a ‘unique financial and business district’ in Colombo when the sea reclamation project by a Chinese firm is resumed. “Hopefully if the Port City projects ge

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Port City To Be Expanded

Minister of Megapolis and Western Development Patali Champika Ranawaka says the Port City Project will recommence by mid next year after solving its issues.

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Should SL abandon Port City Project?

Farmers of Uddandarayunipalem in Andra Pradesh, India are living in a new dream these days. They dream of shopping malls, apartments and jobs instead of Hyderabad Biriyani or Thelagana's signature cuisine Tamarind rice, as they seemed to be convinced

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CHEC Port City Colombo (Pvt) Ltd., the Project Company for the Colombo Port City (the Project Company), today acknowledged the announcement by the Government of Sri Lanka (GoSL) on the resumption of work for the project. The Project Company recognised this positive step in moving forward, appreciating the efforts of the Government in working towards …

Port City awaits instructions from Sri Lankan Government CHEC Port City, a subsidiary of China Communication Construction Company (CCCC) and the Project Company of the Colombo Port City states the Government of Sri Lanka (GoSL) is yet to invite the Company for a discussion or issue a directive to the company regarding the project review …

China Harbour Engineering Company Ltd (CHEC) statement in response to newspaper articles on ‘CHEC Director’s passport impounded’ China Harbour Engineering Company Ltd (CHEC) wishes to clarify its position regarding misleading articles published in newspapers under the title “CHEC Director’s passport impounded” on 31 March, 2015. The articles presents that “China Harbour Engineering Company Ltd. (CHEC) …