International Chamber of Commerce Sri Lanka signs MoU with Port City Colombo

 ICCSL Chairman Shanil Fernando (left) exchanges the agreement with Port City Colombo Managing Director Xiong Hongfeng, others (from left): Port City Colombo Business Development Manager Imran Ahamed, ICCSL Vice Chairman Indika Rajapakshe, Secretary Hemakumara Gunesekara, Deputy Secretary Buddhapriya Ramanayake, COO Sanjeeva Karunaratne, Port City

Colombo General Manager Tian Zheng, and Port City Colombo Investment Promotions and Marketing Director Radika Obeyesekere

• Initiative aimed to enhance collaboration in promoting Port City Colombo as a prime investment destination for local and international investors 

The International Chamber of Commerce (ICC) Sri Lanka yesterday announced the signing of a Memorandum of Understanding (MoU) with Port City Colombo. 

This strategic partnership aims to enhance collaboration in promoting Port City Colombo as a prime investment destination for local and international investors.

The MoU, signed during a ceremony attended by leading business figures and dignitaries, outlines a framework for the ICC to extend invitations, sponsorships, and host events and seminars that spotlight the unique opportunities offered by Port City Colombo. This initiative is geared towards attracting potential investors from Sri Lanka and around the world, fostering a thriving business environment in this transformative urban development.

As part of this partnership, ICC members and nominated parties will gain valuable opportunities to conduct business within Port City Colombo, enabling them to leverage its state-of-the-art facilities and strategic location. This initiative marks a significant step towards positioning Port City Colombo as a leading hub for trade and investment in the region. The ICC will be conducting a webinar on promoting investments to the Colombo Port City in October 2024.

ICC Sri Lanka Chairman Shanil Fernando said: “We are excited to collaborate with Port City Colombo to promote and facilitate investment. By showcasing the remarkable potential of Port City Colombo, we aim to attract diverse investments that will drive Sri Lanka’s economic growth.”

Port City Colombo, an ambitious project set to transform Colombo into a modern metropolis, offers a variety of sectors for investment, including finance, technology, tourism, and trade. The ICC looks forward to leveraging its extensive network and expertise to facilitate this vision.

The signing of this MoU is not only a commitment to supporting economic development in Sri Lanka but also a testament to the potential of Port City Colombo to create new avenues for growth and prosperity.