Colombo South Port is to be developed by China Merchant Port Company, its existing venture CICT and SLPA as a Public-Private-Partnership project with an investment of US $ 150 million.
With its golden beaches, towering mountains, ancient monuments and stunning wildlife all encircled in the pearl of the Indian Ocean, Sri Lanka is set to meet the target of 105,000 tourist arrivals for January having already received a record 62,334 tourists, tourist arrivals in the first 19 days of January.
Colombo Port City Economic Commission’s latest move of enacting new legislation that would allow the country’s under-construction Colombo Port City development to feature at least one large casino resort came under stern objection of the public finance committee.