• Latest
  • Trending

Sri Lanka invites investors to park money in Colombo International Financial Center

January 25, 2018
Saga of the takeover of Kandy seen through British eyes

Saga of the takeover of Kandy seen through British eyes

September 28, 2023
China presents its blueprint for a better world

China presents its foreign policy blueprint

September 28, 2023
Danushka Gunathilaka launches second bail bid

Danushka Gunathilaka found not guilty of sexual assault

September 28, 2023
Amnesty says India is misusing FATF to persecute rights defenders

Amnesty says India is misusing FATF to persecute rights defenders

September 28, 2023
Whatsapp. Image credits - AARN GIRI / Unsplash

New features introduced in Whatsapp’s latest update

September 28, 2023
Sri Lanka cricket

Sri Lanka Cricket proposes ’’home’’ for Pakistan and Afghanistan teams

September 28, 2023
IMF calls upon Lanka to improve revenue mobilization

IMF calls upon Lanka to improve revenue mobilization

September 28, 2023
This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

This country has more of the world’s 50 best restaurants than any other

September 28, 2023
Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

September 28, 2023
Nepal

Nepal breaks several T20I world records in Asian Games

September 28, 2023
Ali Sabry

Why is Ali Sabry dragging Sri Lanka in the Indo-Canada conflict?

September 27, 2023
ICC Men’s Cricket World Cup

How has ODI cricket changed since 2011?

September 28, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Thursday, September 28, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Saga of the takeover of Kandy seen through British eyes

    Saga of the takeover of Kandy seen through British eyes

    China presents its blueprint for a better world

    China presents its foreign policy blueprint

    Danushka Gunathilaka launches second bail bid

    Danushka Gunathilaka found not guilty of sexual assault

    Amnesty says India is misusing FATF to persecute rights defenders

    Amnesty says India is misusing FATF to persecute rights defenders

    Sri Lanka cricket

    Sri Lanka Cricket proposes ’’home’’ for Pakistan and Afghanistan teams

    IMF calls upon Lanka to improve revenue mobilization

    IMF calls upon Lanka to improve revenue mobilization

    Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

    Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

    Nepal

    Nepal breaks several T20I world records in Asian Games

    Ali Sabry

    Why is Ali Sabry dragging Sri Lanka in the Indo-Canada conflict?

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Saga of the takeover of Kandy seen through British eyes

    Saga of the takeover of Kandy seen through British eyes

    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    Nepal

    Nepal breaks several T20I world records in Asian Games

    ICC Men’s Cricket World Cup

    How has ODI cricket changed since 2011?

    More than 100 dead, 150 injured in Iraq wedding fire

    More than 100 dead, 150 injured in Iraq wedding fire

    Biden’s campaign team to prevent him from falling

    Biden’s campaign team to prevent him from falling

    Canada rocks India-US relations

    Canada rocks India-US relations

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    Biden’s campaign team to prevent him from falling

    Biden’s campaign team to prevent him from falling

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    The world’s 50 best restaurants for 2023 revealed

    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Saga of the takeover of Kandy seen through British eyes

    Saga of the takeover of Kandy seen through British eyes

    China presents its blueprint for a better world

    China presents its foreign policy blueprint

    Danushka Gunathilaka launches second bail bid

    Danushka Gunathilaka found not guilty of sexual assault

    Amnesty says India is misusing FATF to persecute rights defenders

    Amnesty says India is misusing FATF to persecute rights defenders

    Sri Lanka cricket

    Sri Lanka Cricket proposes ’’home’’ for Pakistan and Afghanistan teams

    IMF calls upon Lanka to improve revenue mobilization

    IMF calls upon Lanka to improve revenue mobilization

    Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

    Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

    Nepal

    Nepal breaks several T20I world records in Asian Games

    Ali Sabry

    Why is Ali Sabry dragging Sri Lanka in the Indo-Canada conflict?

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Saga of the takeover of Kandy seen through British eyes

    Saga of the takeover of Kandy seen through British eyes

    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    Nepal

    Nepal breaks several T20I world records in Asian Games

    ICC Men’s Cricket World Cup

    How has ODI cricket changed since 2011?

    More than 100 dead, 150 injured in Iraq wedding fire

    More than 100 dead, 150 injured in Iraq wedding fire

    Biden’s campaign team to prevent him from falling

    Biden’s campaign team to prevent him from falling

    Canada rocks India-US relations

    Canada rocks India-US relations

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    Biden’s campaign team to prevent him from falling

    Biden’s campaign team to prevent him from falling

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    The world’s 50 best restaurants for 2023 revealed

    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Business

Sri Lanka invites investors to park money in Colombo International Financial Center

Editor by Editor
January 25, 2018
in Business, Sri Lanka, Top Story
Reading Time: 2 mins read
2 0
A A
Share on WhatsApp

Colombo, Jan 25 (newsin.asia) – The Sri Lankan government, on Thursday invited global financial institutions, investors and entrepreneurs to park their money in a financial center, within the Chinese funded Port City project.

Minister of Megapolis and Western Development, Champika Ranawaka said China would invest a further 1 billion US dollars to construct three 60 storey buildings in the Port City this year, and these buildings would be part of the Colombo International Financial Center.

He said investors and financial institutions could invest and park their monies here as Sri Lanka would soon be transformed into a mini Switzerland once the Port City is completed.

ADVERTISEMENT

The three buildings of the Financial Center will be ready by 2025. Project officials said investors had already expressed interest in investing in the Financial City and the Port City and very soon the island country would witness large scale investments.

“Sri Lanka has a basic advantage. We are in the very center of the Indian Ocean and in between the main sea lanes and aviation routes. We are also the cleanest city in the South Asian region. So many financial institutions and businesses who have headquarters in other South Asian countries have expressed their willingness to relocate their Headquarters to Colombo,” Ranawaka said.

“We are also going to have a piece of legislation to facilitate those who are going to park their money here. It will become like a mini Switzerland,” the Minister added.

This new legislation for the Port City will be passed in Parliament by April or May and physical work on the Financial City will commence in June.

The 1.4 billion dollar Port City is being constructed close to the Colombo Harbour by China Communication Construction Company (CCCC), the parent company of China Harbour Engineering Company (CHEC) and will attract billions of dollars as investments in the coming years.

Ranawaka said that in addition to investing in the financial center, CHEC would also invest in the construction of elevated highways and underground tunnels connecting Colombo city into the Port City.

The underground tunnel will provide a north, south link through one of the busiest traffic areas of Colombo and will provide an underground road connection to the road network of the Port City.

Ranawaka said that two MoUs for this purpose had been signed between Sri Lanka and China.
The Colombo Port City Project will consist of 269 hectares of reclaimed land and will be the first of its kind in South Asia.
It will include residential buildings, school, hospital, parks, beaches and a financial city for investors.

 

Related Posts

Saga of the takeover of Kandy seen through British eyes
History

Saga of the takeover of Kandy seen through British eyes

September 28, 2023
Danushka Gunathilaka launches second bail bid
Around South Asia

Danushka Gunathilaka found not guilty of sexual assault

September 28, 2023
Amnesty says India is misusing FATF to persecute rights defenders
Governance

Amnesty says India is misusing FATF to persecute rights defenders

September 28, 2023
Sri Lanka cricket
Afghanistan

Sri Lanka Cricket proposes ’’home’’ for Pakistan and Afghanistan teams

September 28, 2023
IMF calls upon Lanka to improve revenue mobilization
Around South Asia

IMF calls upon Lanka to improve revenue mobilization

September 28, 2023
Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister
Diplomacy

Outgoing Lankan envoy Moragoda takes leave of India’s Finance Minister

September 28, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: Uninterrupted power supply

    60410 shares
    Share 24186 Tweet 15093
  • Registration open for National Fuel Pass

    6647 shares
    Share 2696 Tweet 1646
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    2096 shares
    Share 845 Tweet 521
  • 12 hour water cut in areas of Colombo

    816 shares
    Share 348 Tweet 195
  • WATCH : Yohani’s first live performance in India

    791 shares
    Share 329 Tweet 193
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- mersin escort - Antalya korsan taksi -
ip booter
-
deneme bonusu
- deneme bonusu veren siteler - Kiralık bahis sitesi - vbet giriş