Sri Lanka extends Colombo Port City Project agreement by 6 months


Mar 10, 2016 (LBO) – The cabinet has approved the extension of the agreement on Colombo Port City development project agreement for a further period of six months from 15 March 2016.

The Cabinet Committee on Economic Management has recommended allowing resumption of the project subject to limitations and conditions stipulated in the EIA report.

Colombo Port City project has been suspended from February 2015 with occurred environmental issues and a comprehensive environmental impact assessment has been called.