THE INCLUSIVE COLOMBO PORT CITY
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.
Estimated investment to develop infrastructure
Share of 178Ha of commercial space on 99-year lease to CHEC to recover the reclamation investment
Area of public spaces, including a 45Ha park (nine times the size of Galle Face Green)