THE INCLUSIVE COLOMBO PORT CITY

From plush offices in an international financial centre to curb-side food vendors, the mega project aims to attract FDI to develop spaces for everyone

The Colombo International Financial City, popularly known as Colombo Port City, will be ready for commercial construction in 2020 once the $1.4 billion reclamation work of 296Ha is completed, project developer China Harbour Engineering Company (CHEC) says. The company is also investing $1 billion to build three 60-storey mixed development towers at the site. Divided into four zones including island living, a marina, international area and a financial district, the city hopes to become a financial hub for the region and a tourism hotspot, with spaces for integrated living, public recreation, small businesses, a pola (open air market place) and street-side vendors.

$13 bn

Estimated investment to develop infrastructure

65%

Share of 178Ha of commercial space on 99-year lease to CHEC to recover the reclamation investment

91 Ha

Area of public spaces, including a 45Ha park (nine times the size of Galle Face Green)