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Port City Colombo is a multi-billion-dollar FDI-funded Public Private Partnership (PPP). Port City Colombo aims to facilitate connections to the South Asian market through investment opportunities, international business environments, world-class infrastructure, and high-quality sustainable living.
The Colombo Port City Economic Commission is a government entity in Sri Lanka, established in 2021, which is entrusted and authorised, by way of the Colombo Port City Economic Commission Act, No. 11 of 2021, [1] with the administration, regulation and control of, all matters connected with businesses and other operations, in and from the area of authority of Colombo Port City.
The bill titled as Colombo Port City Economic Commission Bill is regarded as one of the important legislations to be passed in the Parliament of Sri Lanka as it is related to the Colombo Port City project, which is the biggest foreign investment received by Sri Lanka from China in the country's history. The bill was slated and deemed as ...
The company, however, said the Colombo West International Terminal project is progressing well and is on track for commissioning by early 2025. Adani Ports withdraws DFC funding request for ...
In 1912, the Port was converted into a sheltered harbour, and the Colombo Port Commission was established in 1913. Much of the city was planned during the British occupation of the Port of Colombo. [4] The Port saw dramatic changes when the country gained its independence in 1948.
Name City Location Description Port of Colombo: Colombo: Largest port in the country Port of Hambantota: Hambantota: New port in the south Trincomalee Harbour
Colombo was established primarily as a port city during the colonial era, with an artificial harbour that has been expanded over the years. The Sri Lanka Navy maintains a naval base, SLNS Rangalla, within the harbour. The Port of Colombo handled 3.75 million twenty-foot equivalent units in 2008, 10.6% up on 2007 (which itself was 9.7% up on ...
The newest expressway is the Port Access Elevated Highway running from New Kelani Bridge, Colombo to Athurugiriya, It is estimated to be finished in 2025. All E-Grade highways in Sri Lanka are access-controlled, toll roads with speeds limits in the range of 80–110 kilometres per hour (50–68 mph).