Port City Colombo Attracts 100+ Companies as Authorised Persons.
Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons recently.
These companies represent a diverse range of sectors identified to the Colombo Port City Special Economic Zone, including IT, Finance, Professional Services, Shipping, Logistics, Tourism, Healthcare, Real Estate Development, and Global Capability Centres.
Among these, twenty-two companies have been designated as Businesses of Strategic Importance. The Colombo Port City Economic Commission is currently reviewing the BSI status of other Authorised Persons at present.
Several companies are in the pipeline to register as Authorised Persons, reflecting increased investor confidence in Port City Colombo.
These achievements align with Port City Colombo’s vision to attract high-value foreign direct investments, whilst the diverse range of companies reflects the focus on service-oriented sectors.
Nine banks have applied to establish offshore banking branches within the Colombo Port City Special Economic Zone. These banks will operate under the gazetted offshore banking regulations released on the 26th July 2024.
These developments are projected to generate demand for 30,000 to 50,000 square meters of office space in Port City Colombo.
The Business Centre, a premier IT and commercial park located at the heart of Port City is scheduled to launch in November 2024.
