By: Staff Writer
October 21, Colombo (LNW): Port City Colombo has secured two major international accolades in the Global Free Zones of the Year 2025 rankings by FDI Intelligence, the Financial Times’ specialist publication on foreign direct investment. The project was named “Best Knowledge Zone Asia Pacific Region” and received a “Highly Commended” recognition for sustainability achievements that position it among the most promising investment destinations in the region.
The annual FDI Intelligence awards celebrate global free zones that demonstrate outstanding potential in attracting foreign investment, promoting innovation, and driving sustainable development. Port City Colombo’s success underscores its growing reputation as South Asia’s first world-class Special Economic Zone (SEZ) and an emerging hub for knowledge-based industries.
“Being recognised by FDI Intelligence is a testament to the strong foundations we are building at Port City Colombo not only as a centre for international business but also as a model for sustainable, knowledge-driven urban growth,” said Xiong Hongfeng, Managing Director of CHEC Port City Colombo.
Judges cited the SEZ’s progressive regulatory framework, designed to provide an investor-friendly ecosystem, as a key reason for its recognition. The zone’s combination of fiscal and non-fiscal incentives, the establishment of an International Alternative Dispute Resolution Centre, and its emphasis on sectors such as IT, professional services, maritime and logistics were highlighted as major strengths.
The “Highly Commended” sustainability award reflected Port City’s environmentally conscious master plan, which integrates green spaces, energy-efficient building designs, and coastal resilience initiatives. These measures, experts noted, align with global standards for sustainable urban development and reflect Sri Lanka’s growing commitment to balancing economic growth with environmental responsibility.
A multi-billion-dollar FDI-funded venture, Port City Colombo aims to transform a reclaimed area adjacent to Colombo’s financial district into a vibrant global business and financial hub. It offers 100 percent foreign ownership, preferential tax regimes, and international-standard infrastructure to attract multinational companies and investors seeking strategic access to South Asia.
Inspired by successful models such as Dubai International Financial Centre and Singapore’s Marina Bay, the Port City project aspires to create a world-class environment for innovation, investment, and urban living while maintaining a strong focus on sustainability and liveability.
With its latest accolades, Port City Colombo has cemented its status as a rising force in the global investment landscape, enhancing Sri Lanka’s image as a regional gateway for trade, technology, and finance.
