Introducing new types of visas for Colombo Port City

The Cabinet of Ministers has approved a proposal presented by the Minister of Public Security to take necessary steps to introduce several visa categories for Colombo Port City based on the recommendations of the Colombo Port City Commission. Investor visa category for investors under the residence visa category Employee visa category for employees CPC Residential […]

Uber turns Seven in Sri Lanka, Covers over 555 million km in Trips

Uber completed seven years of operations in Sri Lanka and shared some interesting numbers as it touched a new milestone. In its seven years of operations, Uber has completed over 555 million kilometers in Uber trips around the island nation. That’s enough kilometers to travel to the moon from Earth and back 725 times! With […]

Advantis Projects speeds ahead with delivery of SL’s largest tunnel boring machines

Sri Lanka’s undisputed leader in project logistics and heavy cargo transportation, Advantis Projects, a subsidiary of Hayleys Advantis Limited, is swiftly moving ahead with the delivery of two of the largest Tunnel Boring Machines (TBM) ever to be deployed in the island. This operation will help expedite the progress of one of the nation’s most […]

Hambantota International Port surpasses half a million mark of RORO cargo

Hambantota International Port reached the milestone of handling 500,000 RORO cargo units in 2022 this November, with the discharging of 4302 units from Hyundai Glovis’ Hae Shin to the yard for transshipment. This year, 223 RORO vessels called at the port with cargo from India, South Korea, Japan and the Middle East for transshipment mainly […]

Sinopec to Import and Market Sri Lanka Products at 27,000 Outlets

Sinopec, the giant oil company with over 27,000 service stations in China, entered into an agreement with the Beijing Sri Road Connection Trade Company Limited during the Shanghai CIIE, to import and market Sri Lanka Food and Beverage products at their convenience stores. The contract is worth over USD 0.8 million.  The 5th China International Import […]

Construction of Colombo Port’s West Container Terminal kicks off

Construction of the Colombo Port’s Western Container Terminal (WCT) ceremonially commenced on Wednesday as a public-private partnership. Adani Ports partners John Keells Holdings PLC and Sri Lankan Port Authority (SLPA) to develop the WCT of Colombo Port on a Build, Operate and Transfer (BOT) basis for a period of 35 years. The BOT agreement worth […]

CICT named best container terminal of its capacity in Asia for 6th successive year

Colombo International Container Terminals (CICT) has been crowned the Best Container Terminal in Asia in the Under 4 million TEUs category for the sixth consecutive year, in just seven full years since it commenced fulloperations in mid-2014. The announcement of CICT’s prestigious win on a global platform was made at the 2022 Asian Freight, Logistics […]

Groundbreaking ceremony for INSEE Warehouse at Hambantota Port Industrial Park

INSEE Cement, Sri Lanka’s leading cement manufacturer, began construction of their mega capacity warehouse within the industrial park in Hambantota International Port (HIP) last week.  The US$ 3 million investment by INSEE will be the largest warehousing facility inside a port in Sri Lanka for raw materials used in the production of cement.  The warehouse […]

U.S. partners with David Pieris Motor Company to boost electric mobility in Sri Lanka

The U.S. government, through its development agency, the U.S. Agency for International Development (USAID), is committed to accelerating clean energy to drive social and economic sustainable growth in Sri Lanka.  On August 16, Sri Lanka’s Minister of Power and Energy, Kanchana Wijesekera and U.S. Ambassador to Sri Lanka, Julie Chung attended a signing ceremony for a Memorandum […]

Colombo Port City Economic Commission 2nd Biannual Progress Report

This report covers the activities of the Colombo Port City project from January to June 2022, shared by the Colombo Port City Economic Commission (CPCEC/Commission). Development Control Regulations (DCR) for the entire project were gazetted in April 2022 and an awareness program on them was conducted by the Commission for Government officials in June 2022. […]

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