Attempt to set up Financial Centre in Colombo a farce: Harsha

Wednesday, 20 September 2023 00:32 - - {{hitsCtrl.values.hits}}

SJB MP Dr. Harsha de Silva

Samagi Jana Balawegaya (SJB) Colombo district MP Dr. Harsha de Silva speaking in Parliament yesterday said the attempt to establish a financial centre in an already bankrupt country is a mere farce.

MP de Silva opposed the Government’s plan to rename the Colombo Port City, as the Colombo Financial City. He expressed the view that establishing a prosperous finance centre between the established financial hubs of Singapore and Dubai would be a challenging endeavour.

He urged all parties involved to re-examine any proposal to announce a new Colombo Financial City in the coming days.

He expressed the opinion that India, too, failed to establish a financial city, suggesting that creating a Knowledge Centre at the Port City would be a more suitable alternative to a Financial Centre.