China backed Port City missing link for SL to become game changer; no threat to sovereignty

The Colombo Port City, one of Sri Lanka’s most significant projects with tremendous potential has to go forward in the right direction as a game-changer for the island and the proposed draft legislation is the missing link, a senior official said.

Multiple petitions were filed in the Supreme Court last week by Opposition parties, civil society groups, and labour unions against the proposed legislation on the Colombo Port City, alleging that the US 1.4 billion dollar project violated the country’s sovereignty over financial matters, the Constitution and labour rights.

In this light, Lanka Business Online did an exclusive interview with Thulci Aluvihare, Assistant Managing Director of CHEC Port City Colombo who denied these claims and said that the Sri Lankan Government is the landlord of the reclaimed 269 hectares and will act as a party even in the leased plots.

Click to watch the full interview …….