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China Sri Lanka Joint Construction Colombo Port City Project
Seetao 2024-10-14 17:11
  • This project will become a milestone in the history of China Sri Lanka economic and trade cooperation
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The Colombo Port City Project, the flagship project of the the Belt and Road Initiative jointly built by China and Sri Lanka, is the largest foreign direct investment project in Sri Lanka so far, and also an important cooperation project of the the Belt and Road Initiative jointly built by China and Sri Lanka. The project is located on the southwest coast of Colombo, the capital of Sri Lanka, with the aim of creating a high-end urban complex that integrates finance, tourism, logistics, information technology, and more.

The construction scale of Colombo Port City project is grand, forming approximately 269 hectares of land resources through land reclamation. The municipal engineering of this project is in full swing, and some completed projects have been opened to the public. In addition, the project has attracted numerous international enterprises to settle in, bringing economic vitality and development opportunities to Colombo and even the entire South Asian region.

It is worth mentioning that Colombo Port City is not only a physical urban construction project, but also an economic special zone that enjoys special economic policies and preferential measures. These policies aim to create a more relaxed and favorable environment for investors, attract more foreign investment inflows, and further promote Sri Lanka's economic growth and development.

Overall, the Colombo Port City project jointly built by China and Sri Lanka has begun to take shape and is expected to become an important engine for Sri Lanka's future economic growth. The successful implementation of this project will not only promote deep economic cooperation between China and Sri Lanka, but also inject new vitality into the economic development of the entire South Asian region. For more information, it is recommended to visit the official website of Colombo Port City or consult relevant industry professionals. Editor/Wang Xia


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